The most common type of draft in use today is the bank draft.
Answer the following statement true (T) or false (F)
False
The most common draft today is a check, which is a draft drawn on a bank and payable on demand. Generally, a check is drawn on a bank by a drawer who has an account with the bank and is made to the order of a specified person or business named on the check or to the bearer. A bank draft (or a teller's check or treasurer's check) is a check drawn by one bank on another bank in which it has funds on deposit in favor of a third person, the payee.
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Security Inc manufactures equipment that is sold or leased. On December 31 . 2014, Security leased equipment to Quirky for a five-year period expiring December 31 . 2019, at which date ownership of the leased asset will be transferred to Quirky. Equal $40,000 payments under the lease are due on December 31 of each year. The first payment was made on December 31 . 2014 . Collectibility of the
remaining lease payments is reasonably assured, and Security has no material cost uncertainties. The normal sales price of the equipment is $144,000 and cost is $110,000 . For the year ended December 31 . 2014, how much income should Security recognize from the lease transaction? a. $46,000 b. $40,000 c. $34,000 d. $28,000
Simulation can use any probability distribution that the user defines; it does not require standard distributions
Indicate whether the statement is true or false
________ allows discrimination on the basis of religion, sex, or national origin where it is reasonably necessary to normal operation of a particular enterprise.
A. An affirmative action program B. A bona fide occupational qualification C. Vocational rehabilitation D. Prohibited information
In Oracle, the reserved word for defining a foreign key is references
Indicate whether the statement is true or false