Answer:
The correct option is A
Explanation:
Promissory note is the kind or type of note which is considered to be a financial instrument,and it comprise of a written promise made by one party to another party in order to pay a specific or particular amount or sum of money or amount, either on a particular or a future date or on demand by the party.
This note involve the terms that are pertaining to the indebtedness like the maturity date, issuer signature, principal amount, place of issuance and the interest rate.
Therefore, Hidalgo is liable on the promissory note and because of this, he is required to pay until he has a valid and a genuine defense to payment.
I got <span>1,482 dollars.
Hope this helps! :D</span>
The answer is D. An increased interest rate. The bank will increase the interest rates on loans to get a return on their expences.
objectives of controls are of primary interest to an auditor performing a financial statement audit--- Accurate and reliable financial reporting.
What are the primary objectives of internal control?
The primary purpose of internal controls is to help safeguard an organization and further its objectives. Internal controls function to minimize risks and protect assets, ensure accuracy of records, promote operational efficiency, and encourage adherence to policies, rules, regulations, and laws.
What are the 5 internal controls in auditing?
There are five interrelated components of an internal control framework: control environment, risk assessment, control activities, information and communication, and monitoring.
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Answer: Offshoring.
Explanation:
Palin Inc., is involved in Offshoring by taking their production operations from the U.S of America to China where they can get cheap and quality labor. Offshoring occurs when a production company changes their industry site to a new location, which posseses quality and cheaper labor than their original location.
