Mary receives her monthly bank statement on December 30th. She looks at it quickly, then sets it aside. Three days later, she examines it again and discovers a forged check. What must she do to avoid responsibility for the check?
She must notify the bank promptly, in a reasonable time not to exceed 30 days. Failure to report within one year of receipt of the statement will bar her from asserting an unauthorized signature against the bank, even if the bank did not exercise due care in paying the item.
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A company issued 4,000 shares of $5 par common stock for $30 per share. The company purchased 1,200 shares as treasury stock at $32 per share. Later, the company reissued 400 shares of the treasury stock at $34 per share. Which of the following is true?
a. The Treasury Stock account should have a balance of $25,600. b. The company has a gain of $800 that should appear on the income statement. c. The Treasury Stock account should have a balance of $24,800. d. The company has a gain of $1,600 that should appear on the income statement.
Briefly explain the functions of a customer insights team
What will be an ideal response?
Another name for a large warehouse is a ________
A) third-party logistics company B) cross-dock C) transportation management system D) distribution center E) stock-keeping unit
Explain Porter's generic strategies for financially based objectives?
What will be an ideal response?