The disbursement float is the amount of time that elapses between depositing the debtor's check
in an account and the check clearing the account.
Indicate whether the statement is true or false
FALSE
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Which of the following is not a component of the operating cycle?
A) Sales to customers B) Collection of accounts receivable C) Recognition of depreciation D) Purchases from suppliers
Which of the following is a function of silence?
a. To prevent communication b. To communicate feelings c. To communicate nothing d. To provide thinking time e. All of the above
Employees at Seyall Industries felt that they didn't have enough opportunity to participate in decisions that affected their welfare. This led to unionizing efforts, which were motivated by
A. economic needs. B. social needs. C. dissatisfaction with management. D. status needs.
One of the factors leading courts away from a laissez-faire approach to contract law was
a. the movement away from requiring written contracts with a seal affixed. b. a change in relative bargaining power between parties to contracts. c. the assumption that promises are not legally significant. d. the assumption that parties had freedom to contract and would have to live with the consequences.