Selling receivables is also known as ________
a. factoring
b. the allowance method
c. discounting
d. pledging
a
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Which of the following factors would most likely cause a CPA to decide not to accept a new audit engagement?
A. Lack of understanding of the potential client's internal auditors' computer-assisted audit techniques. B. The existence of related party transactions. C. Management's disregard for internal control. D. Management's attempt to meet earnings per share growth rate goals.
Which of the following business ideas is not using AI?
A. Starbucks creates a system that works like a hand and lifts and moves the mixing pots for the coffees to and from the coffee machines to the counters. B. Best Buy implements a software system that will determine how many customers are needed to increase gross profits to $5 million. C. McDonald's unveiling a robot that cleans and tidies the restaurant, while also asking guests if it can take their trays to the trash. D. Golf courses create an automated golf cart that can offer swing suggestions, club suggestions, and even navigate the course for the driver.
The BCG has given specific names and descriptions to the four resulting quadrants in its growth-share matrix based on the amount of cash they generate for or require from the organization. Question marks are SBUs that are classified as having
A. high market growth rates but low relative market shares. B. low market growth rates but high relative market shares. C. high market growth rates and high relative market shares. D. medium market growth rates and medium relative market shares. E. low market growth rates and low relative market shares.
Georgia had AGI of $100,000 in 2017 . She donated Heron Corporation stock with a basis of $8,500 to a qualified charitable organization on July 5, 2017
a. What is the amount of Georgia's deduction, assuming that she purchased the stock on December 4, 2016, and the stock had a fair market value of $15,000 when she made the donation? b. Assume the same facts as in a., except that Georgia purchased the stock on July 1, 2009. c. Assume the same facts as in a., except that the stock had a fair market value of $6,000 (rather than $15,000) when Georgia donated it to the charity.