Marbles Inc. has placed vending machines in most of its retail stores in Florida. Consumers can order a pack of marbles by just selecting their requirements on the touch screen. Which term best describes such machines?
A) POP
B) kiosk
C) virtual catalog
D) interactive television
E) automated teller machine
B
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In an AP/CD process, a process "make payment" normally would be triggered by the data flow:
a. purchase order b. vendor acknowledgement c. vendor packing slip d. payment due date information
A petty cash fund was established with a $250 balance. It currently has cash of $38 and petty cash tickets totaling $212 for travel expense. Prepare the journal entry to record the replenishment of the fund. Omit explanation.
What will be an ideal response?
The "clawbacks" provision in the _____ allows a company to recover any incentive-based pay that was paid out during the prior three years if it would not have been paid under restated financial statements.
A) Sarbanes-Oxley Act B) Dodds-Frank Act C) Lilly Ledbetter Fair Pay Act D) Walsh-Healy Public Contracts Act
In which of the following cases can the holder of an instrument seek recourse from the parties with secondary liability?
A. if the instrument has been physically damaged B. if the instrument is not presented on time C. if the instrument has been dishonored D. if the instrument is found to be forged