An instrument which is ambiguous as to whether it is a draft or note, such as, "To Alma: On demand I promise to pay $200 to the order of Brittany. Signed, Christopher" must be treated as a note and be presented to Christopher for payment
Indicate whether the statement is true or false
False
Business
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The property, plant, and equipment records function should be segregated from the custodial function.
Answer the following statement true (T) or false (F)
Business
Which aspect of ethical climate is typified by the statement, “our major concern is always what is best for the other person”?
A. caring B. instrumental C. independence D. rules
Business
Job order costing makes it easier to identify those jobs that are the most profitable
Indicate whether the statement is true or false
Business
The EOQ model is widely used because of its simplicity. Why should a potential user of the model exercise caution?
What will be an ideal response?
Business