Frauds in the cash disbursement function:
A. are less direct and more subtle than purchasing and accounts payable frauds
B. have decreased significantly due to a decrease in the number of checks being written
C. can be decreased or prevented by using digitally signed electronic payments
D. all of the choices are correct
Answer: C
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The ________ spells out what kinds of marks including brand names can be protected and the exact method of protecting them.
A. Federal Fair Packaging and Labeling Act B. Wagner Act C. Licenses Act D. Magnuson-Moss Act E. Lanham Act
Josh has decided to take a course at the local community college that could help him get a promotion at work. The course begins at 5 p.m. and goes until 9 p.m. on Monday nights
Josh normally works until 5 p.m. each day, but because of the drive time to the community college, he will need to leave work at 3 p.m. on class days. Josh currently earns $18.50 per hour. His employer contributes 10% of Josh's gross earnings to a 401(k) retirement plan. If the class meets 16 times, what is Josh's total opportunity cost for the class? A) $592.00 B) $800.00 C) $651.20 D) None
Although interest rates are expressed annually, compounding may be expressed in something other that annual periods. What is meant by compounding and give several examples of something other than annual compounding.
What will be an ideal response?
Last year Lawn Corporation reported sales of $115,000 on its income statement. During the year, accounts receivable decreased by $10,000 and accounts payable increased by $15,000. The company uses the direct method to determine the net cash provided by (used in) operating activities on the statement of cash flows. The sales revenue adjusted to a cash basis for the year would be:
A. $100,000 B. $140,000 C. $90,000 D. $125,000