. Which of the following is an example of a work integration social enterprise?
a. a venture that provides solar-powered kiosks that charge phones at a low cost
b. a venture that provides educational services for women in prison
c. a venture that sells an internal combustion engine that decreases greenhouse gas emission
d. a venture that provides sustainable waste and recycling
b. a venture that provides educational services for women in prison
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On September 1, 2016, Joy, Inc. paid $8,000 in advance for an eight-month rental space covering the period of September, 2016 through April 2017. The deferred expense was initially recorded as an asset. Joy, Inc
makes adjusting entries once a year at year-end. The adjusting entry on December 31, 2016 would include a ________. A) debit of $8,000 to Cash B) credit of $8,000 to Prepaid Rent C) debit of $4,000 to Rent Expense D) credit of $4,000 to Rent Expense
To certify a check, the bank must:
a. tell the one who presents it. b. send a letter to the drawer. c. write the acceptance on the check. d. Any of these will be sufficient.
In the context of interorganizational processes, which of the following is a difference between modular organizations and virtual organizations?
A) The composition of modular organizations is constantly changing, whereas the composition of virtual organizations is permanent. B) In modular organizations, outside organizations to which noncore business activities are outsourced are tightly linked to one central company, whereas virtual organizations work with some companies in a network alliance, but not with all. C) The working relationships between modular organizations and outside companies tend to be short and often temporary, whereas the relationships found among the virtual companies in a network alliance tend to be stable and long lasting. D) With modular organizations, the quality of work done by outside companies can be easily controlled, whereas with virtual organizations, it can be difficult to control the quality of work done by network partners.
Fraud as to the nature or essential terms of an instrument is a limited defense not available against a holder in due course
Indicate whether the statement is true or false