Explain preauthorized debits and credits
Checking account customers may authorize that recurring bills, such as home mortgage payments, insurance premiums, or utility bills, be automatically deducted from their checking accounts each month. This is called a preauthorized debit. It allows a person to avoid the inconvenience and cost of writing out and mailing checks for these bills.
A preauthorized credit allows the amount of regular payments to be automatically deposited in the payee's account. This type of EFT is frequently used for depositing salaries and government benefits, such as Social Security payments. It benefits the payor, who does not have to issue and mail the checks. The payee does not have to bother depositing a check and normally has access to the funds sooner.?
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Weimar Corporation is conducting a time-driven activity-based costing study in its Order Fulfillment Department. The company has provided the following data to aid in that study:Weimar CorporationOrder Fulfillment DepartmentData InputsResource Data: Number of employees 13 Average salary per employee$36,720 Weeks of employment per year 50 Minutes available per week (40 hours × 60 minutes) 2,400 Practical capacity percentage 85%?Activity Data:Processing OrdersPreparing DeliveriesHandling ReturnsMinutes per unit of the activity162844?Cost Object Data:All CustomersNumber of orders processed21,750Number of deliveries prepared11,130Number of returns handled410?On the Capacity Analysis report in time-driven activity-based costing, the "unused capacity in number of employees"
would be closest to: A. 6.36 employees B. (6.64)employees C. 6.64 employees D. 13.00 employees
Which of the following is NOT true regarding pronunciation?
a. Use a dictionary. b. Check a reputable pronunciation guide online to learn how a word should be said. c. Ask your practice audience to point out errors. d. Wait for a real audience member to point out an error in pronunciation.
The Code and the Restatement have no provisions for discharge of contractual duties in cases involving commercial impracticability
a. True b. False Indicate whether the statement is true or false
One of the disadvantages of simulation is that it:
A) does not allow for very complex problem solutions. B) is not very flexible. C) is a repetitive approach that may produce different solutions in different runs. D) is very limited in the type of probability distributions that can be used. E) interferes with the production systems while the program is being run.