Answer: the bank statement balance will always agree with the company record balance
Explanation:
A bank statement refers to the list of all the transactions for a bank account due a particular period of time. The bank statement consists of charges, withdrawal, deposits, etc.
The option that isn't true about bank statement is that the bank statement balance will always agree with the company record balance.
This is incorrect as the bank statement and the company record balance msy not agree because of timing difference with regards to the recording of transactions.
Answer:
The expectation would be for the quantity supplied to increase more this summer than in the following summers.
Explanation:
The quantity supplied would increase because the quantity supplied always follows the same direction as price, and since the price is not expected to change for a few years, then the quantity will also not change after the first increase.
An outside consultant may be needed if the project scope is beyond the qualification and capabilities of the staff. For fraud, former investigators and even former and reformed con men can be invited to share their knowledge in preventing or detecting fraudulent activity.
Answer: letter of credit .
Explanation:
A letter of credit is known as
- a trade finance mechanism also known as "letter of undertaking" used as a guarantee document that the payment of goods and services will be fulfilled between a seller and a buyer.
- It is also known as documentary credit or a bankers commercial credit.
Hence, Importers Direct arranged to have a French winery ship a large quantity of fine wine to the United States. By signing a <u>letter of credit</u> , Importers Direct authorized its bank to make full payment to the French winery if and when the wine arrives at the Importers Direct warehouse in Philadelphia.
Answer:
A significant difference between public and private collective bargaining is the right to strike, which is a cornerstone of the private sector.
