Money market instruments:

A. are generally sold in small denominations.

B. tend to be illiquid.

C. are quoted in terms of a spread.

D. cannot be resold.

E. may be sold on a discount basis.

A client is admitted to the hospital with weakness in the right extremities, and speech that is slightly slurred. A diagnosis of brain attack (cerebrovascular accident, CVA) is suspected.

Harold and Zack have pooled their money together to buy real estate but have filed no formal papers to form a business.

When demand is perfectly inelastic, the demand curve will be Group of answer choices negatively sloped, because buyers decrease their purchases when the price rises.

Cool Runnings operates a chain of frozen yogurt shops. The company pays $5,000 of rent expense per month for each shop. The managers of each shop are paid a salary of $3,000 per month and all other employees are paid on an hourly basis.

The philosophical methods of moral reasoning suggest that once we have ascertained the facts, we should ask ourselves certain questions when trying to resolve a moral issue. Which of the following is NOT one of those questions? A.

Mobilee Oil Company accepted a $10,000, 120-day note dated March 3 at 8½% to settle a past-due account receivable. Mobilee Oil discounted the note to raise cash on May 10, at a discounted rate of 9%.

Joe reconciles his checking account check register to the penny every month with the bank's statement.

Individuals with access authority to general ledger accounts should not prepare journal vouchers. True or False?

Dominic works as a violinist at an Italian restaurant. He makes $8.50 per hour. He was able to work 35 hours last week. How much money did he make that week?

Daw company's december 31 year-end unadjusted trial balance shows a $10,000 balance in notes receivable. this balance is from one 6% note dated december 1, with a period of 45 days. assume daw company does not prepare reversing entries.