Journalizing transactions using the double-entry bookkeeping system will eliminate fraud

Indicate whether the statement is true or false


False

Business

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The cash payments journal does not include which of the following?

a. the check number; b. the date paid; c. the amount of check; d. a Cash Debit column; e. an Accounts Payable column

Business

For a high school student, Tim is highly concerned about environmental issues. He is a strong supporter of the garbage recycling and afforestation campaigns taken up by the environmental activists in his neighborhood

He wants to become a full time volunteer for their upcoming wildlife protection program and has even saved money to contribute to the cause. This group of environmental activists can be categorized under which of the following reference groups? A) primary group B) secondary group C) aspirational group D) dissociative group E) cognitive group

Business

The doctrine of "employment at will"(EAW) holds that, unless an agreement specifies otherwise, employers are free to fire an employee at any time and for any reason.

Answer the following statement true (T) or false (F)

Business

Office Plus, an office supply store, ordered 600 blank CDs from Curtis Co, a manufacturer of computer products. Office Plus placed the order using a preprinted purchase order form; Curtis acknowledged the order by sending a preprinted acceptance form back to Office Plus. Unlike Office Plus' form which says nothing about packaging, Curtis's form specifies that the CDs will be packaged in cases of

10 CDs per box, 10 boxes per case. Which statement is correct? a. The UCC does not cover computer CDs. b. Curtis's packaging term is a different term which materially changes the offer. There is no contract. c. Curtis's packaging term is an additional term and therefore a part of the contract unless Office Plus promptly objects to the term. d. The UCC does not cover the contract because both parties are merchants.

Business