Credit memos from the bank
A) decrease a bank customer's account
B) are used to show a bank service charge
C) show that a company has deposited a customer's NSF check
D) show the bank has collected a note receivable for the customer
D
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How can a buffer be used to soften the impact of bad news?
A) The buffer can be used to specifically state the bad news B) The buffer can offer alternatives to the bad news C) The buffer can act as a courteous close D) The buffer can provide context for the message E) The buffer can indicate the severity of the problem
A donor gave $60,000 to a nongovernmental, not-for-profit charity with instructions that the funds be transferred to Sam Smith, an individual who lost his home in a fire. The not-for-profit would:
A. Record the $60,000 cash and credit temporarily restricted revenue. B. Record the $60,000 cash and credit a liability. C. Do either of the above, depending upon the policy of the not-for-profit. D. Not record the transaction, because the money is going directly to the intended recipient.
After training, Kyle completed MC and essay questions that tested his knowledge of the content of the training. Kyle completed a(n) _________ assessment of training.
A. reaction B. learning C. behavior D. results E. alternative
Kevin delivers to Zach nonconforming goods. Zach accepts, but later discovers the defect and rightfully revokes acceptance. If the goods are destroyed through no fault of Kevin or Zach:
a. if Zach's insurance is adequate, it will cover the loss and Kevin would not bear any of the loss. b. Kevin would bear the loss of these nonconforming goods, whether or not Zach has insurance. c. Zach will bear the loss, whether he has insurance or not. d. Kevin and Zach will equally share the loss.