If you only use your debit card and ATM card and rarely write paper checks, overdraft protection is still a good thing to have

Indicate whether this statement is true or false.


Answer: TRUE

Business

You might also like to view...

If you are far away from retirement, you should consider investing in ________ for your retirement account

A) Ginnie Mae or Treasury bond funds B) certificates of deposit (CDs) C) mutual funds with high growth stocks D) corporate bonds

Business

Chavez Corporation reported the following data for the month of July:Inventories:  BeginningEndingRaw materials$27,000$30,000Work in process$16,000$17,000Finished goods$32,000$47,000 Additional information:   Raw materials purchases$66,000Direct labor cost$91,000Manufacturing overhead cost incurred$59,000Indirect materials included in manufacturingoverhead cost incurred$8,000Manufacturing overhead cost applied to Work in Process$58,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.The direct materials cost for July is:

A. $55,000 B. $66,000 C. $69,000 D. $63,000

Business

Contessa Company collected $42,000 cash on its accounts receivable. The effects of this transaction as reflected in the accounting equation are:

A. Both total assets and equity are unchanged and liabilities increase. B. Total assets increase and equity decreases. C. Both total assets and total liabilities decrease. D. Total assets decrease and equity increases. E. Total assets, total liabilities, and total equity are unchanged.

Business

In college, Beth studied labor relations and human resource management and became a strong proponent of empowering people in the workplace

So she was dismayed when her first boss after graduation gave her little responsibility and watched her every move. Which of the following statements is true? A) Beth supports Theory X; her boss supports Theory Y. B) Beth supports Theory Z; her boss supports Theory Y. C) Beth supports Theory X; her boss supports Theory Z. D) Beth supports Theory Y; her boss supports Theory X. E) Beth supports Theory Y; her boss supports Theory Z.

Business