Water transportation is rated "low" in reliability since approximately 200 freighters sink due to bad weather or other factors

Indicate whether the statement is true or false


TRUE

Business

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Sarah, a customer of a bank, transfers $10,000 from her checking account to her money-market deposit account. Which of the following changes will be reflected in Sarah's bank's balance sheet?

A. Reserves decrease by $10,000. B. Transactions deposits increase by $10,000. C. Nontransactions deposits decrease by $10,000. D. Borrowings increase by $10,000.

Business

What are the five phases to the service recovery process?

What will be an ideal response?

Business

A call provision gives the issuing company the option to recall the debt issue at an effective interest rate less than the contract rate

Indicate whether the statement is true or false

Business

Which one of the following is not a control activity implemented in most accounting systems?

a. Segregation of duties. b. Competent, trustworthy employees. c. Authorization procedures. d. All of these activities are normally implemented.

Business