Which of the following may not be used to secure a? short term loan?
A. inventory?
B. ?accounts receivable
C. ?equipment
D. ?retained earnings
Answer: D
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Many banks use automated _____ to determine a client's creditworthiness.
Fill in the blank(s) with the appropriate word(s).
The primary input to the Transaction Processing System is
a. a financial transaction b. an accounting record c. an accounting report d. a nonfinancial transaction
A promise to do (or not do) something in the future counts as consideration
a. True b. False Indicate whether the statement is true or false
Flexo Trucking Company transports hazard-ous waste. Garn is a Flexo driver, whom the company knows drives longer hours than federal regula-tions permit. One night, Garn exceeds the limit and has an accident. Spilled chemicals contaminate Hill City's water source, forcing the residents to move away. Flexo acted unethically because A) Flexo showed reckless disregard for Hill City's residents and
others. B) ?Garn exceeded the federal time limit. C) harm was caused by an unfortunate accident. D) Hill City should have better protected its water source.