A payor bank is under no obligation to its customer to pay an uncertified check that is more than six months old

a. True
b. False
Indicate whether the statement is true or false


True

Business

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What will be an ideal response?

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Adjusting entries entered on the work sheet and recorded in the general journal do not have to be posted to the general ledger

Indicate whether the statement is true or false

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Profit margin is net income divided by net sales.

Answer the following statement true (T) or false (F)

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An exchange of business cards is more common in the United States than in other countries

Indicate whether the statement is true or false.

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