Theresa has just started working as a teller for First Bank. A man comes into the bank with a $100 check that is eight months old. She goes to the manager to ask whether she should pay it. If you were the manager, what would you advise her? Explain
Banks are not obligated to pay a check more than six months old, but they may charge the customer's account for a payment made in good faith. The employee should follow the usual banking practice of checking with the depositor/drawer before paying the stale check.
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In firms without a global product policy, operations managers in the headquarters typically have preferred to ______ the product, or at least the production process, in as many overseas plants as possible.
Fill in the blank(s) with the appropriate word(s).
Which of the following is not true regarding SFAS 158?
a. It brought the overfunded and underfunded status of defined benefit plan to the footnotes of the balance sheet. b. It required certain costs be charged to other comprehensive income. c. It requires a credit to other pension income for amortized prior service costs. d. An overfunded or underfunded amount for OPEBs must be shown as an asset or liability on the balance sheet.
In the AIDA plan for sales letters, AIDA stands for
A) attention, interest, desire, and action. B) action, interest, direct benefits, and attention. C) action, information, desire, and acknowledgement. D) awareness, information, data, and alertness. E) added interest, desired action.
Which of the following statements about instant messaging in the workplace is most accurate?
A) Although companies have found instant messaging to be a valuable tool for employees to communicate with one another, they have been hesitant to use instant messaging for customer service. B) Unlike text messaging, instant messaging is not subject to discovery in lawsuits. C) Instant messaging allows people to share information immediately and make decisions quickly. D) Instant messaging decreases presence functionality.