Which of the following is the foreign key in job table in a relationship with client table?
A) Job unique ID B) Employee social security number
C) Client unique ID D) Client phone number
C
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A good system of internal controls requires that the physical custody of assets be separated from the accounting for those assets. This concept is known as safeguarding assets and records
a. True b. False Indicate whether the statement is true or false
If a person has been discriminated by the government on the basis of the fact that he or she is an illegitimate child, the regulation will be evaluated under ________.
A. rational basis analysis B. strict scrutiny analysis C. intermediate scrutiny analysis D. the Takings Clause
A tabulation of invoices at the end of the day showed $1,600 in MasterCard invoices, which were deposited into a bank account at full value, less a 5 percent discount. The entry to record the above events would include an increase in
A) Accounts Receivable for $1,520. B) Cash for $1,600. C) Sales for $1,520. D) Credit Card Expense for $80.
Sprinter Airlines (Sprinter) needs additional aircraft to expand internationally, and it could borrow the needed funds and purchase the aircraft. This arrangement places additional debt on the balance sheet. Instead, Sprinter signs an lease agreement in which it agrees to pay the owner of the aircraft certain amounts each year for 12 years. The aircraft has an estimated service life of 18 years
Sprinter paints its name on the aircraft, uses the aircraft in operations, and makes the required lease payments. Which of the following is not true? a. Sprinter receives benefits when it uses the aircraft, not when it initially signs the lease. b. Sprinter has future benefits, not past or current benefits. c. Sprinter obtains financing for its flight equipment without showing a liability on the balance sheet. d. Sprinter has entered into an operating lease that is an executory contract. e. Sprinter has entered into an financing lease that is recorded as an asset purchase and financing transaction.