Which of the following is an example of exercising internal control over receivables?
A) separating cash collection and credit approval duties
B) extending credit to all customers who apply for credit
C) combining the duties of the credit and accounting departments
D) allowing credit department employees to collect cash from customers
A) separating cash collection and credit approval duties
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Generally, a bilateral contract that lacks mutuality is unenforceable due to lack of consideration.
Answer the following statement true (T) or false (F)
While looking for ideas on how to craft a user-friendly dishwasher, the designers of a dishwasher-manufacturing company spent 10 days observing people as they used their dishwashers in their homes
In this instance, the designers were conducting a(n) ________. A) survey research B) experimental research C) quantitative marketing research D) ethnographic research E) causal research
The Duval Corporation has recently evaluated a proposal to invest in cost-reducing production technology. According to the evaluation, the project would require an initial investment of $17,166 and would provide equal annual cost savings for five years. Based on a 10 percent discount rate, the project generates a net present value of $1,788 . The project is not expected to have any salvage value
at the end of its five-year life. Refer to Duval Corporation. What is the project's expected internal rate of return? Present value tables or a financial calculator are required. a. 10% b. 11% c. 13% d. 14%
Which of the following would LEAST likely eliminate stress in a short amount of time?
A) visualizing a vacation spot B) organizing a schedule C) walking outside D) napping after lunch E) having a massage