Lana wrote a check knowing that she did not have sufficient funds in her account. What is this practice called?
a. check kiting
b. bouncing a check
c. check forgery
d. check covering
b
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Which of the following statements regarding accounting for spoilage is False?
a. Losses from abnormal spoilage are period costs. b. Losses that occur uniformity troughout the production process are called method of neglect. c. A discrete loss occurs at a specific point in time. d. Losses from normal spoilage are product costs.
In a condominium development, the common areas are owned:
A) By the homeowners association. B) By the unit owners as joint tenants. C) By a corporation. D) By the unit owners as tenants in common. E) In fee simple defeasible by the unit owners.
A linear trend can be ______.
a. positive b. cyclical c. irregular d. random
When looking at brand value higher discount rates means future sales are more certain.
a. True b. False