Dale's debts are discharged in a liquidation bankruptcy. With respect to Dale's prebankruptcy debt, Even Stevens Credit Reporting Agency must automatically report
A. nothing.
B. the debt as "discharged," except the nondischargeable debt.
C. the debt as "discharged," including the nondischargeable debt.
D. the debt as "unpaid."
Answer: B
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The NGO, Greenpeace, has branches in many nations around the world. The organization, which is controversial because of some of the tactics they employ, has raised awareness of environmental issues. This is an example of ________ globalization.
A) corporate B) transnational C) social or cultural D) political E) economic
Dom's Motor Mart sold merchandise to a customer for $3,000 on credit on March 10 . The customer paid Fox Auto the amount due on March 31 . Under the accrual basis of accounting, which of the following statements is true?
a. Fox Auto will recognize the revenue on March 31. b. The March 10th transaction increases revenue, but has no effect on assets because cash has not been received. c. Revenue is recognized after the cost of the merchandise sold has been paid by Fox Auto. d. The March 31st transaction has no effect on total assets under the accrual basis.
A complainant can file his or her claim of discrimination with a state fair employment practices agency instead of the Equal Employment Opportunity Commission (EEOC)
Indicate whether the statement is true or false
The impact of fluctuating exchange rates on companies competing in foreign markets
A. are easy to predict in spite of the variety of factors involved and the uncertainties surrounding when and by how much these factors will change. B. help domestic companies under pressure from lower-cost imports when their government's currency grows weaker in relation to the currencies of the countries where the imported goods are being made. C. never change the pecking order consisting of which countries represent the low-cost manufacturing locations and which rivals have the upper hand in the marketplace. D. always disadvantage domestic companies facing competitive pressure from lower-cost imports when their government's currency grows weaker. E. always benefit domestic companies facing competitive pressure from lower-cost imports when their government's currency grows weaker.