A ________ is a type of draft that is always paid at a future date
A) sight draft
B) bill of exchange
C) time draft
D) demand draft
C
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U.S. GAAP and IFRS require firms to account for minority, active investments, generally those where the investor owns between _____ using the equity method. Under the equity method, the investor recognizes as revenue (expense) each period its share of the net income (loss) of the investee. The investor recognizes dividends received from the investee as a return (reduction) of investment, not as
income. a. 10% and 50% b. 20% and 50% c. 30% and 50% d. 40% and 60% e. 50% and 60%
Roboto Robotics Inc creates an internal social media network using enterprise social networking software and systems. The advantages of an internal social media network include
a. obtaining real-time information about important issues. b. mass e-mailings. c. employees' posts of personal notes. d. "white noise.".
With reference to #46 above, Barnes Escrow has received cash of $45,000 from Gramercy Stables for the cash closing requirements of $102,000. Gramercy pays the remaining amount of the cash due at closing through a wire transfer to Barnes from Gramercy's Bank. Barnes proceeds with the disclosure with no further action
A)?As long as the total amount due is deposited with Barnes, Barnes has complied with its duties. B)?The $45,000 will require a source verification under the Patriot Act. C)?The $45,000 does not require a source verification because the majority of the funds came directly from a bank. D)?The Patriot Act does not apply to escrow companies.
Decision making involves identifying the problem or opportunity, generating alternatives, selecting an alternative, and implementing and evaluating the solution.
Answer the following statement true (T) or false (F)