The one who receives payment from a negotiable instrument is called:
a. the payee
b. the checker c. the drawer d. the drawee
e. none of the other choices
a
You might also like to view...
It is NOT necessary to post the total of which of the following columns to the related ledger accounts?
a. the Cash Debit and Credit columns totals b. the Wages Expense Debit column total c. the General Debit and Credit column totals d. the Medical Supplies Debit column total
According to Hellmut Schütte, at the top of the Asian hierarchy is status
Indicate whether the statement is true or false
Twin Cities Corp had sales during the year of $15,000,000 and an average accounts receivable of $5,000,000 . Its accounts receivable turnover ratio is 0.33 times
a. True b. False Indicate whether the statement is true or false
An employee with strong moral character and behavior has worked at a small company for many years. The company grows large enough to implement a formal code of ethics. How is this employee likely to react to that new code?
a. with resentment b. by embracing its provisions c. by rejecting it d. with indifference