Drawers of checks may disclaim contractual liability by using the words "without recourse."
Indicate whether the statement is true or false
False
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A manager is expected to serve in what interpersonal capacity when coordinating people, groups, and organizations?
A) Figurehead B) Spokesperson C) Leader D) Negotiator E) Liaison
Which situation violates the matching principle?
A) Employees are paid for wages worked in a previous month. The wages expense was recorded in the previous month. B) Consulting fees incurred have been recorded as an expense even though a bill has not yet been received. C) Depreciation was recorded for equipment even though the equipment was purchased on a date other than January 1. D) A 1-year insurance policy was paid in full on January 1 and the total amount of the bill was recorded as an expense in January. E) Customers are billed for services even though the company knows a portion of the customers will never pay.