Tulsa Corp reported the following information for 2016 and 2017. Interest payable, December 31, 2016 $5,700 Interest payable, December 31, 2017 6,200 Interest expense—2017 12,250 How much cash was paid for interest during 2017?
a. $11,750
b. $12,250
c. $12,500
d. $12,750
a
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Answer the following statements true (T) or false (F)
1. You shouldn’t create your outline until after you have gathered your research and constructed your main points. 2. If your listeners do not retain your main points, there is little purpose in them listening to the speech. 3. There is a clear order your main points need to follow. 4. Your subpoints will be indicated with capital letters A, B, C, and so on in your outline.
Which of the following are defined in the text as broad rules that guide the accounting function?
a. Input-oriented principles b. Output-oriented principles c. Basic principles d. Axioms
Cash held ____ represents the major portion of a bank's required reserves
a. at other commercial banks b. in a bank's vault c. on deposit at the federal funds window d. on deposit with the Board of Governors
The goal of the sociotechnical systems approach is to design an organization for pooled interdependence
a. True b. False Indicate whether the statement is true or false