Which of the following instruments is negotiable?

A. An instrument that provides, "Payment is subject to the terms of a contract dated November 20, 2009"
B. A note that contains the statement, "This note is secured by a mortgage dated July 01, 2009"
C. An instrument that reads, "I promise to pay to the order of Collin Corp. $550 sixty days after the delivery of my new refrigerator"
D. A note that states, "I promise to pay Vlad $800 if he repairs my car"


Answer: B

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Central National Bank recently acquired a new computer system. Which of the following costs associated with the computer should not be debited to the Equipment account?

a. Installation of a backup power source required for the computer. b. Replacement of several circuit boards damaged during installation. c. System programmer wages for personnel hired to prepare the system for use. d. Insurance coverage covering the transport period from the manufacturer.

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Paolo has been offered jobs at two different retail companies and needs to decide which one to accept. Which of the following can be a useful clue about each organization's culture?

A. the way employees interact with customers B. the industrial environment C. information printed in the media about stock prices D. the personality characteristics of employees E. the macroenvironment

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Data analytics can provide deep insight into financial data, but is not particularly useful when evaluating non-financial data such as social media.

Answer the following statement true (T) or false (F)

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In the VALS framework, consumers motivated by ideals are guided by knowledge and principle. One segment of the two ideals-motivated groups, known as ________, includes mature, reflective, and well-educated people who value order, knowledge, and responsibility.

A. Survivors B. Thinkers C. Makers D. Achievers E. Believers

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