The territorial approach, also referred to as the source approach to tax policy, levies taxes on the income earned by firms that are incorporated in the host country, regardless of where the income was earned (domestically or abroad)

A $54,000, four-month, 12% note payable was issued on October 1, 2017. Which of the following would be included in the journal entry required on the note's maturity date by the borrower? (Round your answer to the nearest whole number.)

A) a credit to Note payable for $56,160 B) a credit to Cash for $54,000 C) a debit to Interest expense for $540 D) a debit to Interest payable for $540

The full positioning of a brand is called the unique selling proposition

Indicate whether the statement is true or false