Because banker's acceptances are typically through foreign banks they are generally considered to be of high risk
Indicate whether the statement is true or false
FALSE
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For good internal control an organization should segregate the duties of:
a. HR and payroll b. AP and payroll c. payroll and cashier d. all of the above
Although a corporation may have sufficient cash and retained earnings to pay a dividend, its board of directors may not declare dividends. Name at least two reasons why a board of directors might not declare dividends
The ________ is a government regulation that is increasingly being used by companies for filing lawsuits against competitors they believe are making false claims.
A. Clayton Antitrust Act B. Lanham Act C. Robinson-Patman Act D. Federal Trade Commission Act E. Wheeler-Lea Amendment
Which of the following statements about employment interviews is FALSE?
a. Preparation for the interview includes researching the organization. b. A self-analysis of your own strengths, weaknesses, accomplishments, and challenges should be undertaken prior to interviewing. c. You should go to the interview prepared to both ask and answer questions. d. Most questions asked in interviews can be answered from the résumé.