Which of the following organizations issues bank notes and coins and regulates the quantity of money in circulation?
A. the World Bank
B. the International Monetary Fund
C. A commercial bank
D. A central bank
D
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According to the Uniform Commercial Code and the Restatement Second, an offeror who remains silent impliedly authorizes the offeree to accept by any reasonable means of communication.
Answer the following statement true (T) or false (F)
Ewing Corporation's controller has developed the cost and usage data listed below in preparation of standard unit cost information for the coming year. Direct materials quantity standard 3 pounds per product Direct labor time standard 5 hours per product Direct materials price standard $10 per pound Direct labor rate standard $ 9 per hour Standard variable overhead rate $ 5 per labor hour
Standard fixed overhead rate $10 per labor hour The standard unit cost for overhead is a. $15. b. $25. c. $50. d. $75.
Which of the following transactions is recorded in the revenue journal?
A) sale of excess office equipment for cash B) rendering services for cash C) rendering services on account D) sale of excess office equipment on account
Explain the advantages and disadvantages of an ESOP.
What will be an ideal response?