An advantage of e-checks is that they

A) involve simple processing systems.
B) operate outside the traditional banking industry.
C) contain much more information then traditional paper checks.
D) fit current business practices, and so require little process reengineering.


D

Business

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When an entity reduces its interest in an investment in equity securities accounted for by the equity method, and changes to the fair value method, what is the initial cost value for purposes of subsequent changes in market value?

a. Original cost b. Book value at the date of change c. Market value at the date of the change d. Market value at the date of acquisition

Business

U.S. business letters use the "you approach."

Indicate whether the statement is true or false.

Business

Jason orders one hundred remote-controlled toy cars from RyBy Toys. In the contract, it is stipulated that RyBy Toys will transport the toy cars via FlyByNight, a national carrier service

RyBy Toys makes the arrangements and hands over the toys to FlyByNight without the remote-controllers. In the event that the goods are destroyed in transit, which of the following parties would bear the risk of loss as per the sales contract? A) Jason would bear the risk of loss irrespective of the fate of the goods. B) FlyByNight would bear the risk of loss as they had the responsibility to deliver the goods. C) RyBy Toys would bear the risk as they shipped nonconforming goods. D) The risk of loss would be shared between RyBy Toys and Jason.

Business

Because firms are introducing products at a faster rate, one general trend in marketing is that product life cycles are getting ________.

Fill in the blank(s) with the appropriate word(s).

Business