Indicate whether each of the following statements is true or false. ________ a) A bank statement debit memo describes a transaction that increases the depositor's assets.________ b) A bank statement credit memo describes a transaction that increases the bank's liabilities.________ c) Service fees charged by a bank appear on bank statements as credit memos.________ d) Deposits in transit appear on the bank statement as credit memos.________ e) Outstanding checks do not appear on the bank statement.
What will be an ideal response?
a) F b) T c) F d) F e) T
a) This is false. Bank statement debit memos describe transactions that reduce the customer's account balance (the bank's liability).
b) This is true. Bank statement credit memos describe activities that increase the customer's account balance (the bank's liability).
c) This is false. Because service fees decrease the depositor's assets, they appear as debit memos (rather than credit memos).
d) This is false. Deposits in transit do not appear on the bank statement because the bank is unaware of those deposits.
e) This is true. Outstanding checks do not appear on the bank statement because the bank is unaware of those checks.
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"Did you hear that Glenn is returning back to the States, to work in corporate headquarters as vice president of environmental services in the international division?" asked Tony. His co-worker, Jaime, replied, "Yes. Obviously those four years that Glenn has spent abroad, in our Paris and Tokyo offices, have served him well." Tony countered, "Well, he deserves the recognition and, frankly, our international division will benefit from Glenn's leadership. No doubt he has learned a great deal about living and doing business in other cultures." In leaving his culture and working in other cultures for a significant period of time, Glenn will bring ________ leadership to his organization.
A. bridge B. authentic C. lateral D. Level 5 E. servant
Which of the following statements is FALSE regarding employee staffing applications?
A) Employee staffing problems can be formulated as assignment problems. B) The goal of employee staffing problems is typically to determine how many employees need to start their work at the different starting times permitted. C) The employee staffing problem is a extension of the product mix problem. D) It is possible to have multiple optimal solutions in employee staffing applications. E) Based on the requirements and constraints, it is possible for an employee staffing problem to become infeasible.
Some courts have implied a duty of the part of commercial tenants to operate their businesses
Indicate whether the statement is true or false
Statutes frequently require a corporation's name to end with "Corporation" or "incorporated" of an abbreviation thereof, or other indication of corporate status
Indicate whether the statement is true or false