Answer:
a. True
Explanation:
The formal communication defines the flow of the information that to be done on an offically manner via proper, routes, etc It should be properly communciated to everyone also at the same time it follows the hierachical level of structure and the chain of command
Therefore the given statement is true
hence, the correct option is a
Answer and Explanation:
The Journal entry is here below:-
Accounts Payable Dr, $5,900
To Notes payable $5900
(Being the note payable is recorded)
we are debited the accounts payable as it decreased the liabilities and we credited the notes payable as it increased the liabilities in order to do the correct journalizing and posting
Answer: True
Explanation:
Race norming simply refers to the practice whereby two different cut off test scores are set for employment which is based on race. Race-norming, is also referred to as the within-group score conversion and it has to do with the adjustment of test scores in order to account for the ethnicity of the test-taker.
Since a passing score for whites was set at 80 out of 100 while a passing score of 60 out of 100 was set for the minority applicants, then it's an example of race norming.
Answer:
The answer would be B
Explanation:
The effective federal funds rate is the interest rate banks charge each other for overnight loans to meet their reserve requirements. Also known as the federal funds rate, the effective federal funds rate is set by the Federal Open Market Committee, or FOMC.
Answer:
d. classified as a common fixed expense and not allocated to the product lines.
Explanation:
In the case when the income statement is segmnented by the product line so the salary of the chief executive officer (CEO) would be categorized as a common fixed expenses as it has fixed in a nature so it would not be allocated to the product lines
Therefore as per the given situation, the option D is correct
Hence, the same is to be considered
