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Maurinko [17]
2 years ago
6

Is a liability that represents the amount the company owes to others as a result of issuing a promissory note.

Business
1 answer:
solong [7]2 years ago
4 0

A note payable is a financial document considered a liability that represents that it records that the company that signs it has the obligation to pay on the specific date.

<h3>What is a note payable?</h3>

It is a document that commits its issuer (the company) to pay a certain amount, within a specific period.

Its characteristic is the exchange action, which refers to the document being returned to the subscriber in exchange for payment.

Therefore, we can conclude that a note payable is a financial document considered a liability that represents that it records that the company that signs it has the obligation to pay on the specific date.

Learn more about a note payable here: brainly.com/question/25738368

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Answer: false

Explanation:

CSR behavior are simply behavioral aspects of CSR. According to the definition of corporate social responsibility, companies should conduct their business in a way that gives back to the society at large.

The statements that there' little relationship between CSR behaviors and consumer reaction to the products and services of the firm according to survey results listed in the Harvard Business Review is not true.

8 0
3 years ago
Your friend asks you to help her babysit and will pay you 3 pennies for the first job. you agree to help if she triples your pay
dolphi86 [110]
If it triples each time you will get 19683 pennies
8 0
3 years ago
A shortage of qualified personnel is one of the main reason that companies outsource. A project may require experts in a particu
k0ka [10]

Answer: Access to specific skills

Explanation: The benefit of outsourcing that the company is getting in the given example is that the company could get access to experts in the particular jobs that are important for a project.

By outsourcing certain jobs, expert knowledge can be used to operate business with the additional benefit of hundred percent focus.

7 0
3 years ago
A foreign subsidiary of a U.S.-based company has been notified of a loss contingency with an estimated cost ranging between $220
Marizza181 [45]

Answer:

The amount recognized as a provision for loss contingency is $220,000

Explanation:

According to the United States  Generally Accepted Accounting Principles (US GAAP), the provision for loss contingency should be recognized based on the estimated amount. If the range is given then we should report the lower amount or minimum amount

In the given question, two amounts are given i.e $220,000 and $250,000

So $220,000 should be reported

3 0
3 years ago
A potential benefit of telecommuting is that it _____.
den301095 [7]

the answer is: a. reduces employee turnover

in business, potential benefit refers to the benefit that might or might not occurs depending on the performance that created from a certain decision.

Telecommunication is useful for the employers to communicate with the employees even if they not in close proximity. This allow employees to work at home and have more balance between their personal life and professional life. This balance would increase their comfort level in working with the employer and reduce the employee turnover.

5 0
3 years ago
Read 2 more answers
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