Under the Check 21 Act:
a. banks must accept checks in electronic form.
b. banks are permitted to truncate original checks and process check information electronically.
c. banks must create substitute checks which are the legal equivalent of the original checks.
d. All of these.
b
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What is the typical composition of a board of directors of a publicly held corporation?
[The following information applies to the questions displayed below.]The 4,000 accounts receivable of Miller Company have a total book value of $150,000. A CPA has selected and audited a sample of 100 accounts with a total book value of $3,700 and an audited value of $3,800.Using the difference estimation technique, estimated total audited value of the population is:
A. $154,054. B. $154,000. C. $152,000. D. $150,000.
A common major disadvantage of secondary data is the _____
a. unsuitable units of measurement b. long time period required to collect data c. high cost for data collection d. known source and control over data collection
An acceptance can impose new conditions or change the terms of the original offer without rejecting it
Indicate whether the statement is true or false