UCC Articles 3 and 4 govern issues relating to checks.
Answer the following statement true (T) or false (F)
True
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Pia and Ramona are partners who share income in the ratio of 3:2. Their capital balances are $80,000 and $120,000 respectively. Income Summary has a credit balance of $40,000. What is Ramona's capital balance after closing Income Summary to Capital?
A) $140,000 B) $136,000 C) $96,000 D) $144,000
Acme Global announced that it had $1 million available for pay increases this year. Lindsey was a top performer and hopes to get a 10% __________ incentive.
A. bonus B. commissions C. merit pay D. piecework E. exit pay
In writing a routine claim,
a. the message should begin with a request for action. b. the message should begin with the details and explanation. c. the message should begin with an expression of appreciation of the business relationship. d. none of the above.
______ is typically described as the willingness of individuals to exert effort toward a goal.
A. Leadership B. Achievement C. Satisfaction D. Motivation