Which of the following monetary assets is likely to be most liquid?

A. Currency
B. Traveler's checks
C. Funds in checking accounts
D. Money held as certificate of deposits


Answer: A

Business

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Jean from Grandmas Cleaning Service was having trouble finding someone to fill one of the more menial positions in her company. Her brother-in-law put her contact with Lila who was in a car crash and could not find work after her brain injury. After testing Lila to see if she could perform the task of vacuuming successfully, she hired her. What part of diversity does this represent?

A. age B. race and ethnicity C. gender D. ability

Business

On January 1, 2018, Allgood Company purchased equipment and signed a six-year mortgage note for $186,000 at 15%. The note will be paid in equal annual installments of $49,148, beginning January 1, 2019. Calculate the portion of interest expense paid on the third installment

(Round your answer to the nearest whole number.) A) $49,148 B) $21,048 C) $27,900 D) $164,752

Business

An important focus in product life cycle costing is

a. the activity base. b. the target cost. c. the cost driver. d. variable costs.

Business

Managers should keep the time between the performance and reward as ______ as possible.

A. long B. variable C. short D. undeterminable

Business