The face amount of a note that is promised to be paid at maturity is called the
a. rate of interest.
b. principal of the note.
c. time of the note.
d. discount of the note.
b
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The ______________________________ data shows, in chronological sequence, the details of each cash payment made
Fill in the blank(s) with correct word
Which is NOT true about Adam Smith?
a. He was a leading advocate of free trade. b. He developed the concept of absolute advantage. c. He maintained that labor costs represent the major determinant of production cost. d. He stated that a favorable trade balance is possible only in the short run, as over time it would automatically be eliminated.
When accounting for the current impact of loss carrybacks and carryforwards it is proper to recognize
A) recognize the tax benefit of the operating loss carryback and carryforward as an asset. B) recognize the tax benefit of the operating loss carryforward as an asset. C) recognize the tax benefit of the operating loss carryback as a deferred liability. D) recognize the tax benefit of the operating loss carryforward as a deferred liability.
Which of the following reasons makes competencies a risky foundation for a pay system?
A. Lack of motivation and objectivity B. The number of stakeholders and the lack of a global standard C. Openness and nonquantifiable nature D. Vagueness and subjectivity