________ bonds are also known as debentures

a. Income

b. Unsecured

c. Convertible

d. Callable


b

Business

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A hybrid system is a modification of the multiple-channel system in which members of the channel system perform complementary functions

Indicate whether the statement is true or false

Business

During the years ended June 30, 2020 and 2021, Jackson University, a private university, conducted a cancer research project financed by a $1,000,000 gift from an alumnus. The entire amount was pledged by the donor on July 10, 2019. The gift was restricted to the financing of this particular research project. During the two-year research period, Jackson's gift receipts from the alumnus and research expenses related to the research project were as follows for each fiscal year (FY): FY 2020FY 2021Gift receipts$200,000 $800,000 Cancer research expenses$100,000 $900,000 How much had net assets with donor restrictions increased as of the end of FY 2021?

A. $0. B. $(100,000). C. $1,000,000. D. $100,000.

Business

Identify by marking an X in the appropriate column, whether each of the following items would likely serve as a source document. The first one is done as an example??YesNoEx.Credit card?Xa.Credit card receipt??b.Purchase order??c.Invoice??d.Balance sheet??e.Bank statement??f.Journal entry??g.Telephone bill??h.Employee earnings record??

What will be an ideal response?

Business

Ross Pharmaceuticals manufactured a cold remedy that could be addictive. The product label did not carry any warnings about its use. Has Ross violated the law?

Business