1) Compare and Contrast Drafts and Promissory Notes. Be sure to include the identity of the parties on both instruments. 2) In order to make a Draft or a Note an acceptable cash equivalent for commercial transactions, the paper must a) Have all of the magical ingredients on its face (qualify as a negotiable instrument) b) Be transferred in a magical way (negotiated) c) to a person with magical powers (Holder in Due Course).

Increases in output and increases in the inflation rate have been linked to

Statistical process control charts: a. indicate to the operator the true quality of material leaving the process. b. display upper and lower limits for process variables or attributes and signal when a process is no longer in control. c. indicate to the process operator the average outgoing quality of each lot. d. display the measurements on every item being produced. e. are a graphic way of classifying problems by their level of importance, often referred to as the 80-20 rule.

Which of the following is not a factor to consider when deciding whether to accept a special order? whether this order will hurt the brand name of the company whether other potential orders would be more profitable whether additional fixed costs would need to be incurred whether the offered price is sufficient to cover prime costs and fixed overhead allocated all of the above