A 60-day, 10% note for $9,000, dated April 15, is received from a customer on account. The face value of the note is

A) $9,850
B) $7,200
C) $9,900
D) $9,000


D

Business

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A local service company has decided to segment its market based on occupation; therefore, it has chosen a form of demographic segmentation for its approach

Indicate whether the statement is true or false

Business

An auditor reviews purchase contracts to assess the conditions for the return of merchandise as a test related to which management assertion?

a. Existence b. Completeness c. Rights and Obligations d. Valuation

Business

Which of the following systems and procedures tools readily identifies whether or not employees are performing too many duplicate activities?

A. Flow process chart B. Horizontal flow process chart C. Systems analysis chart D. Workload chart

Business

Under the Uniform Anatomical Gift Act,

a. an individual may indicate the desire to be an organ donor by putting a provision in his will. The provision will take effect after probate of the will. b. the willingness to be an organ donor may be indicated by signing an organ donation card in the presence of one disinterested witness. c. family members of a decedent have no right to make a gift of the decedent's organs if the decedent did not make an affirmative indication of the desire to be a donor during her lifetime. d. an effective donation may be made by an individual in a will or on a witnessed organ-donation card or by family members after the person's death as long as the person did not indicate a desire not to be a donor.

Business