If the ending cash is greater than the minimum cash balance, excess cash exists
Indicate whether the statement is true or false
TRUE
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Randy complained to his boss, Maryann, that he received the same bonus this quarter as everyone else, despite the longer hours he had worked and his higher level of experience, production, and efficiency. If Maryann can't change the bonus, she should expect that Randy might respond in any of the following ways
A. ignoring his feeling of resentment and trying harder in next quarter. B. transferring. C. quitting. D. reducing his production. E. reducing his hours.
The Description column of the combination journal must be completed for every line
Indicate whether the statement is true or false
In contrast to a partnership, every member of an LLC has limited liability for the LLC's debts.
Answer the following statement true (T) or false (F)
Michael, a citizen of Ireland, and Nina, a citizen of the United States, enter into a contract. When Nina breaches the contract, Michael obtains an award of damages in an Irish court. He asks a U.S. court to enforce the award. The U.S. court defers to and enforces the Irish court's decree. This is
a. a travesty of justice. b. theact of state doctrine. c. thedoctrine of sovereign immunity. d. theprinciple of comity.