Plumbing & Pipes Supply Company issues a promissory note as a demand instrument with a due date of October 5. QuikPay Loan Company accepts the note. QuikPay has notice that the note is overdue if the firm takes the note
A) after October 5
B) before October 5.
C) on October 5.
D) at any time.
A
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Answer the following statements true (T) or false (F)
1) Internal control is an organizational plan that ensures that the financial statements are prepared and submitted on time. 2) Controlling operations is a key responsibility of a business manager. 3) It is important for a business to identify policies which ensure that all customers are treated similarly and that results can be measured effectively. 4) Promoting operational efficiency reduces expenses and business profits. 5) If a company does not protect its assets, it is throwing away resources.
Using the Indirect Method For the following question(s), indicate how each transaction described would be classified on a statement of cash flows if the operating activities section is prepared under the indirect method. When using the indirect method, where is an increase in accounts receivable during the year shown on the statement of cash flows?
A) Operating activity B) Investing activity C) Financing activity D) Noncash investing and financing activity
_____________ is the satisfaction we gain by stretching and exercising our capabilities, and _______________ is the feeling of satisfaction and control we get from making efforts that do not rely on any external influences.
What will be an ideal response?
Why has China begun to incentivize return migration?
a. To balance out there working age population levels b. In support of recent strong nationalism trends c. Chinese companies are seeking an influx of agricultural workers in order to best food production d. In order to attract experience university professors and researchers in the science and technology fields