Short-term loans that businesses obtain from banks and through commercial paper are ________
A) negotiated and secured
B) negotiated and unsecured
C) spontaneous and secured
D) spontaneous and unsecured
B
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Which of the following lease conditions would result in a capital lease to the lessee?
a. The lessee will return the property to the lessor at the end of the lease term. b. The lessee can purchase the property for $1 at the end of the lease term. c. The fair market value of the property at the inception of the lease is $18,000; the present value of the minimum lease payments is $15,977. d. The lease term is 70% of the property's economic life.
Which of the following is considered a market access factor that influences a market's attractiveness?
A) market size B) growth rate C) buyer power D) channel access E) price rivalry
Which of the following items must be examined by the controller or treasurer before signing a check?
A) the ledger B) the purchase order C) the confirmation report D) the journal entry
Most people are at the ______ level of moral development.
A. preconventional B. conventional C. postconventional D. multiconventional