Is a term used to describe when an officer actively demands payment from an individual or a business in return for certain services.

a. a payoff

b. gleaning

c. a shakedown

d. mooching?

A politician is interested in implementing a statewide welfare reform program. By providing welfare recipients with extensive job training, she believes that the number of welfare recipients will decrease.

What does mind consuming mean?

You've worked out a line of credit arrangement that allows you to borrow up to $60 million at any time. the interest rate is. 589 percent per month.

On January 1, 2013, the Accounts Receivable balance was $18,500 and the balance in the Allowance for Doubtful Accounts was $1,400. On January 15, 2013 a $400 uncollectible account was written-off.

A company acquired an office building, land, and equipment in a single basket purchase. The fair values were $1,200,000, $600,000, and $200,000 for the building, land, and equipment, respectively. The company recorded the building for $1,080,000.

Cyberlaw consists of: a) Only state statutes. b) Traditional legal principles that have changed because of technology. c) Laws that are written on computers, smartphones, tablets or other technology. d) Only federal statutes

Sun Devil Hair Design has the following transactions during the month of February. February 2Pay $600 for radio advertising for February. February 7Purchase beauty supplies of $1,200 on account.

An adjusting entry that increases an asset and increases a revenue is known as a (n) :

Josh and Joe are opening a couture clothing boutique. There are no competing couture clothing boutiques in the area. They must decide how to organize the business.

An accumulated depreciation account has a normal credit balance. increases on the debit side. is a contra-liability account. is offset against total assets on the balance sheet.