判断题For purpose of recording accounting information, each company is considered to be separate from its owners and all other companies. This concerns the entity concept.
判断题Certificates of deposits are not negotiable instruments.
判断题The target deposit gives the customer greater flexibility in the amount and the time period for the funds being saved.
判断题A certificate of deposits differs from the general type of time deposits in that it is negotiable and can be sold to another party before the maturity date.
判断题If the contingent liabilities are probable and the amount of the liabilities can be reasonably estimated, the facts of the contingency should be disclosed.
判断题Although one accountant mistakes to write down a credit sale as a cash sale, the figure on the debit side of the trial balance is right.
判断题A prohibitory injunction orders the defendant to do something positive.
判断题A bank reconciliation statement is prepared to analyze the differences between the ending cash balance on the bank statement and the ending cash balance in the firm's accounting records.
判断题In Hongkong, money supply is a market-determined phenomenon rather than a Monetary Authority regulated one.
判断题In business charges depreciation in accounts, the accounting concept to be considered is the materiality concept.
判断题Write short notes on:
(a) Real property.
(b) Personal property.
判断题A usance bill is a bill payable immediately.
判断题Cumulative preference shares have the right to accumulate dividends in a given year if they are in arrears.
判断题A promissory note is an order, whereas a bill of exchange is a promise.
判断题Circulation of a price-list by a wine merchant is an offer.
判断题The drawee does not have to pay immediately when a demand bill is presented to him.
判断题A bridging loan is a loan which is granted to purchase a car.
判断题There is no circumstance where the "non-disclosure" rule can be broken without the consent of the customer.
判断题Briefly explain the following four ways that personal property may be used as security for debts:
(a) Lien
(b) Mortgage
(c) Pledge
(d) Charge
判断题Unsimilar to the Hongkong dollar savings deposit, the customer with foreign currency savings deposit can withdraw funds at any time without giving prior notice to the bank.