Which among the following shouldnot be included in a cheque? *O Signature of the drawerIssuance datePayment of Interest rateName of the drawee

Check means a draft drawn from the bank and payable on demand. A cheque or check is a document that…

Answered: Which among the following should not be…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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4. Explain how the existence of a lender of last resort might prevent bank runs.
White, an employee of ABC Corporation, intentionally issued two payments for the same invoice.After the disbursements had been mailed, White called the vendor and explained that a doublepayment had been made by mistake. She asked the vendor to return one of the checks to herattention. When the vendor returned the check, White took it and cashed it. This is an example of: a. A pass-through scheme b. A pay and return scheme c. A shell company scheme d. A receivables skimming scheme
A private offering is a sale of securities in which: X investors may resell their stock within 3 months of acquisition. the security can only be sold within the home state of the offeror. the security is exempt from registration. the issuer provides less disclosures in return to selling less stock to fewer investors.
82) Which of the following is an example of an action done by a firm to conduct structuring? a) Stock buy-back b) Leveraged buy-out c) Either A and B d) Neither A nor b
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On January 1, 20X4, Gold Company purchased a computer with an expected economic life of five years. On January 1, 20X6, Gold sold the computer to TLK Corporation and recorded the following entry Consolidation Worksheet Entries Cash Accumulated Depreciation Computer Equipment Gain on Sale of Equipment Debit 39,000 Credit 16,000 40,000 15,000 TLK Corporation holds 60 percent of Gold's voting shares. Gold reported net income of $ 45,000 including the gain on the sale of equipment, and TLK reported income from its own operations of $ 85,000 for 20x6. There is no change in the estimated economic life of the equipment as a result of the intercompany transfer. In the preparation of the 20X6 consolidated balance sheet, computer equipment will be Multiple Choice Credited for $24,000. O Debited for $1,000. Debited for $15,000 Debited for $ 40,000
Pls help ASAP
19
q) Explain, with reasons, whether or not the increase in thebad debt provision increases audit risk and describeappropriate tests you would carry out on the provision.
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Which among the following should not be included in a cheque? * O Signature of the drawer Issuance date Payment of Interest rate Name of the drawee