George's Wholesaling agrees to purchase 1000 pounds of bananas from Chickadee Exports at 39 cents per pound. George's does not have the money for the bananas now, but promises to pay in two months. Chickadee Exports wants George's business but needs the money now. Chickadee (as drawer) prepares an instrument ordering George's (as drawee) to pay $390 to Primary Bank (the payee). This is an example
of
a. a check.
b. a trade acceptance.
c. a promissory note.
d. an outstanding claim.
b
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The primary goal of an integrated marketing communications program is to
A. control all facets of a product's distribution. B. communicate with customers primarily through mass-media advertising. C. create a strong distribution network, via marketing, that is capable of destabilizing any competition. D. have a company's entire marketing and promotional activities project a consistent, unified image to its customers. E. have complete control over all the channel partners in the distribution channel and to slow down the rate of diffusion of a new product among the customers.
If auditors conducting attributes sampling found that the entity deviated from a prescribed control in nine of the first 10 items examined, the auditor is most likely to:
A. increase the computed upper deviation rate. B. decrease the tolerable deviation rate. C. increase sample size. D. stop the test and increase control risk.
The significant judgments related to "deferred income taxes" are subject to estimates of future profitable operations against which the deferred asset might be utilized
a. True b. False Indicate whether the statement is true or false
If the forecast is 25 and the actual value is 25, then the error this period is ________
Fill in the blank with correct word.