The amendments to the U.S. Constitution protect the people from the power of state and federal governments.
Answer the following statement true (T) or false (F)
True
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On July 1, 2015, Frank Corp purchased $100,000 of 8% bonds at face value. Interest is paid annually on June 30 . If the accounting year for Frank ends at December 31, 2015, what will be reported with respect to the bonds on that date?
a. The carrying value of the bonds will be $108,000. b. The cash received in interest will be $8,000. c. Interest income in the amount of $4,000 will be accrued. d. A loss on the bonds will be reported in the Other Income and Expense section of the 2015 income statement until the entire amount of interest is paid on June 30, 2016.
The message authentication code is calculated by the sender and the receiver of a data transmission
Indicate whether the statement is true or false
The UCC provides that, unless otherwise agreed, a security agreement gives the secured party a security interest in the proceeds if collateral is sold, exchanged, collected, or otherwise disposed of
a. True b. False Indicate whether the statement is true or false
There are seven commonly used organizational buying criteria. One of them is ________.
A. consumer demand B. loyalty C. flexibility D. adaptability E. price