The Equal Credit Opportunity Act prohibits credit discrimination on the basis of all except:
a. the race of the applicant
b. if the applicant has children
c. if the applicant receives public assistance d. the marital status of the applicant
e. none of the other choices
e
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________ investments are categorized as either current assets or long-term assets on the balance sheet, depending on the maturity date.
A) Held-to-maturity debt B) Serial bond debt C) Trading debt D) Available-for-sale debt
Which of the following is TRUE of outputs in an accounting information system?
A) In a manual system, reports and financial statements can be created using Word documents, Excel spreadsheets, or PowerPoint. B) In a computerized system, the software can generate reports instantaneously that cannot be formatted. C) Examples of outputs in an accounting information system include purchase invoices, bank checks, and sales invoices. D) Since the output in an accounting information system is audited and error-free, it provides the evidence and data for accounting transactions.
Answer the following statements true (T) or false (F)
1. The need for change can always be identified by looking at an organization’s external environment. 2. A tight congruence within an organization should be its number one priority. 3. Large change projects and incremental changes face drastically different challenges. 4. Greiner believes that rapid, discontinuous changes are disruptive and detrimental to organizations and can be avoided by careful management.
Assigning costs involves the way that a cost is linked to some cost object
Indicate whether the statement is true or false