A written order by one person directing the person's bank to pay a certain sum of money to another person is a

a. promissory note.
b. certificate of deposit.
c. draft.
d. check.


D

Business

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Discuss the family as a communication system (systems theory).

What will be an ideal response?

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Depreciation expense is an example of an accrued expense.

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

Business

Who is responsible for establishing and maintaining the internal control system?

a. the internal auditor b. the accountant c. management d. the external auditor

Business

Which of the following describes the act of comparing financial data from year to year?

A. EBITDA B. Trend analysis C. Ratio analysis D. The accounting equation E. The matching principle

Business