Which one of the following assignments would probably be prohibited by a court?
a. Mary is in debt. A credit card company calls and threatens to sue. Mary orally assigns her next bimonthly paycheck to her creditor.
b. John is a house painter. He is scheduled to paint Molly's home on Monday. John wakes up Monday morning with a stiff neck. He calls Ed, who is also a painter, to begin the job at Molly's.
c. Ron has a contract with Bonett Bank to service their coffee machines. He assigns the remainder of his contract with Bonett to Michelle, who also owns a coffee service.
d. All of these.
a
You might also like to view...
Haskins Company employs material handling employees who move materials between production divisions at a labor cost of $360,000 a year. It is estimated that these employees move 600,000 pounds of material per year. If 60,000 pounds are moved in March, how much of the material handling cost should be assigned to products made in March? (Do not round intermediate calculations.)
A. $24,000 B. $50,000 C. $38,000 D. $36,000
Once MPR documents have been prepared and a connector list assembled, then it is time to
A) purchase advertising time and space. B) sell the story. C) perform audience research. D) evaluate the MPR campaign. E) agree on the media mix.
Franchising is not an appealing strategy for growth-oriented service firms because franchisees tend to be less motivated and less concerned about quality than managers in company-owned stores
Indicate whether the statement is true or false
Fraudulent sales are occasionally recorded at year-end as a means of overstating financial results. As examples, companies may engage in inappropriate bill and hold transactions or channel stuffing.a. Describe two conditions that might indicate the recording of fraudulent sales.b. Define bill and hold transactions and describe the audit significance of such transactions.c. Define channel stuffing and describe the audit significance of this practice.
What will be an ideal response?