A company factored $45,000 of its accounts receivable and was charged a 4% factoring fee. The journal entry to record this transaction would include a: A. Debit to Cash of…
All of the following are responsibilities of derivative classifiers except: A Derivative classifiers must have original classification authorityB Derivative classifiers must have expertise in the subject matter on which they…
Choose the statement that is true concerning hemoglobin. A When hemoglobin is not bound to oxygen, it appears blue. B It is found in the plasma portion of blood. C…
Public schools, charities, and government agencies generally Multiple Choice A have the same goals as for-profit businesses: B do not have any stakeholders.C do not seek to earn a profit.D…
Public schools, charities, and government agencies generally (CH 1) A do not have any stakeholders. B provide goods rather than services. C have the same goals as for-profit businesses. D…
Factoring receivables is beneficial to a seller for all of the following reasons except: A. Allows firms to receive cash earlier.B. Passes ownership of the receivables to the factor.C. There…
A finance company or bank that purchases and takes ownership of another company’s accounts receivable is called a: A. Payer.B. Pledger.C. Factor.D. Payee.E. Pledgee. The correct answer and explanation is…
Why should you stock only brightly colored bandages for first aid supplies? A So they can add some color to a commonly starched-white environment. B So customers can see them…
In the “sticky mittens” research project, it was found that A the infants in the mitten group developed grasping skills earlier. B the infants in the group without mittens developed…
Both primary sources do NOT agree that…A the Spaniards closed the exits and entrances and massacred the MexicasB the Spaniards were violent and excessively violent.C the massacre of the Mexicas…
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