Most states provide that if a dishonored check is not made good within a stated period of time, it will be presumed that the check was originally issued with the intent to defraud
Indicate whether the statement is true or false
True
You might also like to view...
______ is the personality dimension that describes how achievement-oriented and persistent a person is.
A. Emotional stability B. Conscientiousness C. Extroversion D. Locus of control E. Self-efficacy
On July 7, A-1 Credit Union loaned $500,000 to Bridal Retail Shop on a 90 day, 4% note. What is the maturity date of the note?
A) October 7 B) October 5 C) October 6 D) October 8
On a reconciliation of net income to cash from operations, depreciation is added back to net income as depreciation
a. is a direct outflow of cash. b. reduces net income but does not involve an outflow of cash. c. reduces net income and involves an outflow of cash. d. is an outflow of cash to a fund established for the replacement of assets.
Assets may be grouped according to common traits and depreciated by using a single composite rate
Indicate whether the statement is true or false