Writing a check that intentionally overdraws an account, then depositing it into a second account to draw interest, then writing a check from the second account to pay back the first account, (and repeated in a continuous loop), is called:

a. money laundering.

b. check washing.

c. check kiting.

d. bouncing a check.


c

Business

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Fill in the blank(s) with the appropriate word(s).

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Process costing systems consider overhead costs to include those costs that cannot be tied to individual processes.

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

Business

In prescreening group members, group leaders should

a. select group members who will not be harmed by the group process b. select group members whose goals are compatible with the goals of the group c. avoid selecting group members who may impede the group process d. all of the above

Business

When the trial balance totals are not equal, the error may have been caused by recording a debit as a credit if the difference is divisible by:

A. 3. B. 9. C. 5. D. 2.

Business