An instrument is payable or at a definite time if it is payable
a. upon someone's death.
b. when a certain event occurs.
c. thirty days after a certain date.
d. to a bank.
C
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Which of the following statements is false?
a. Selling and administrative expenses can be predicted in the same manner as overhead costs. b. In estimating overhead costs, fixed, variable, and mixed costs must be identified. c. Capital budgeting focuses on the short-term needs of the company. d. The capital budget affects the master budget through depreciation expense and cash payments.
Which sentence is expressed correctly?
A) Ray Gilmore recorded the only opposing vote didn't he? B) Ray Gilmore recorded the only opposing vote, didn't he. C) Ray Gilmore recorded the only opposing vote, didn't he?
For each of the accounts in the following table (1) identify the type of account as an asset, liability, equity, revenue, or expense, and (2) identify the normal balance of the account.?Account TypeNormal Balancea. Wages Expense??b. Accounts Receivable??c. Commissions Earned??d. Salaries Payable??e. Common Stock??f. Unearned Advertising Revenue??g. Salaries Expense??h. Magazine Subscription Revenue ??i. Dividends??j. Prepaid Insurance??
What will be an ideal response?
Supplier power tends to be highest in industries where products are vital to buyers, where switching from one supplier to another is very costly, and where there are many suppliers.
Answer the following statement true (T) or false (F)