Electronic funds transfer is a system that transfers cash by using paper documents

The type of appraisal in which employees are evaluated by their managers, peers, and subordinates is called the 360-degree assessment.

a. True b. False

On. Jan. 10, Novis Company purchased manufacturing equipment for $80,000 cash. What kind of activity is this?

A. Operating activity B. Financing activity C. Investing activity D. Accrual activity