In order to be reported, liabilities must:
A. Involve an outflow of cash.
B. Be certain.
C. Sometimes be estimated.
D. Be for a specific amount.
E. Always have a definite date for payment.
Answer: C
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Filipina women have found a large international demand for their services as caregivers to children and to the elderly. Why has Canada been a particularly popular destination?
a. The U.S. economic downturn has made the United States less desirable. b. Iran’s crack down on religious behavior has made Iran less desirable. *c. Canada’s Live-in Caregiver Program has made it desirable. d. Mexico’s crime rate has made Mexico less desirable.
An oral stop payment order is binding on the drawee bank for 14 calendar days
a. True b. False Indicate whether the statement is true or false
A proxy is a document giving one party the authority to act for another party, including the power to vote shares of common stock. Proxies can be important tools relating to control of firms.
Answer the following statement true (T) or false (F)
Analog signals can use copper wire or use transmission media such as fiber-optics or ________ (radio, microwave, infrared)
A) wired B) wireless C) parallels D) unicode