relevant range and fixed and variable costs child play inc. manufactures electronic toys within a relevant range of 20,000 to 150,000 toys per year. within this range, the following partially completed manufacturing cost schedule has been prepared: complete the cost schedule. when computing the cost per unit, round to two decimal places. toys produced 40,000 80,000 120,000 total costs: total variable costs $720,000 d. $fill in the blank 1 j. $fill in the blank 2 total fixed costs 600,000 e. fill in the blank 3 k. fill in the blank 4 total costs $1,320,000 f. $fill in the blank 5 l. $fill in the blank 6 cost per unit variable cost per unit a. $fill in the blank 7 g. $fill in the blank 8 m. $fill in the blank 9 fixed cost per unit b. fill in the blank 10 h. fill in the blank 11 n. fill in the blank 12 total cost per unit c. $fill in the blank 13 i. $fill in the blank 14 o. $fill in the blank 15

Answers

Answer 1

Fixed costs do not change with total output, they are the same regardless of the number of units produced. Variable costs change in proportion to changes in total production.

Toys produced                40,000         80,000           120,000

Total costs:

Total variable costs      $720,000     $1,440,000     $2,160,000

Total fixed costs           $600,000      $600,000        $600,000

Total costs                   $1,320,000   $2,040,000     $2,760,000

Cost per Unit

Variable cost                   $18                   $18                     $18

Fixed cost                        $15                  $7.50                   $5

Total cost                        $33                 $25.50               $23

As total output increases, variable costs increase. Fixed costs are operating costs that are unavoidable regardless of the level of production. These are the opposite of variable costs, which depend on the level of production or sales. Fixed costs are costs associated with capital, such as machinery; variable costs are labor costs.

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Related Questions

During the current year, a donor gives $400,000 in cash to the school and stipulates that it must hold this money forever. However, any investment income earned on this money must be used for faculty salaries. During the current year, the investment earned $31,000 and, of that amount, the school has expended $22,000 appropriately to date. As the result of the event, what was the overall. change in each of the following for the current year? A. Unrestricted net assets B. Temporarily restricted net assets C. Permanently restricted net assets

Answers

A) In the issue Since the interest was appropriately spent, $22,000 has been reclassified as unconstrained net assets, and salary expense has been used to offset the change, there is no net change when looking at unrestricted net assets in the provided problem.

B) An investment worth $31,000 has been classed as a temporarily limited asset since it cannot be used to pay salaries. As a result, it has been lowered to $ 22,000 and is now an unrestricted asset that can be used to pay salaries.

C) The $400,000 that was donated to the school will be considered permanently restricted assets. Since the amount is kept for a longer length of time, it might be considered an investment that can be utilized to pay faculty salaries.

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A number of separate, but interdependent, budgets that formally lay out the company's sales, production, and financial goals are contained in the ______ budget.

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A number of separate, but interdependent, budgets that formally lay out the company's sales, production, and financial goals are contained in the master budget.

What is the master budget?

A master budget is a financial plan that details how much money an organisation expects to bring in and spend within a fiscal year. Normally, this document presents financial data in quarters or months. To create a master budget that provides a complete view of a firm's finances, for example, a corporation might include its sales budget, the cost of goods sold, selling and administrative costs, cash budget, capital expenditures, inventory, total assets, and accounts payable. The master budget, which also includes budgeted financial statements, a cash projection, and a financing plan, is the culmination of all lower-level budgets created by a company's numerous functional departments.

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mae would love to get her company’s line of wall paints into lowe’s for sale. she believes that if lowe’s sells the products, other retailers will also want to. which type of power does mae hope to achieve?

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"Referent Power"  type of power mae hope to achieve. Mae hopes to achieve the power known as "Referent Power." Mae would love to get her company’s line of wall paints into Lowe’s for sale.

Being admired, respected, or loved by others confers a sort of influence known as referent power.

Mae, for example, thinks that other retailers will want to carry her company's line of wall paints if Lowe's, a significant retailer, decides to do so. Because Lowe's is a renowned and significant participant in the market, other shops may look up to them and adopt their strategies.

Therefore, such a type of power is called Referent Power.

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in the context of iot in the manufacturing industry, which model segments devices and equipment into hierarchical functions?

Answers

A well-known paradigm in the industrial sector that divides devices into hierarchical responsibilities is the Indiana Model and Control Hierarchy [52, [53].

What is a manufacturing example?

Manufacturing includes businesses like bakeries, confectionery shops, and bespoke tailors since they build finished goods from raw materials. However, because they do not transform the item into a new product, book printing, forestry, but also mining are not part of the definition of manufacturing.

What does manufacturing serve as a means for?

The process of transforming a raw materials into finished products, physical product is known as manufacturing. Making a process more effective as it transforms some resources into other resources, frequently with the intention of it being marketed to a client, is what manufacturing includes.

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after you have completed a self-audit, you find you have charged and been paid for a procedure code that is not documented in your notes. what is your appropriate course of action?

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Cross-checking every payment process transaction by getting in touch with every supplier of products and/or services to confirm transaction information during the relevant time frame Use cut-off tests.

Find any mismatched documents and validate that transaction dates and payments match. If an auditor discovers internal control weaknesses or instances of noncompliance during the process products of examining internal controls and compliance, authoritative standards demand that they record such concerns in writing. The auditor should determine the likelihood that fraud or material error will cause a major misrepresentation in the financial statements throughout the audit planning process. They should also inquire with the audited entity's management about any fraud or material error that has been identified.

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With respect to costs of quality, this type of cost arises when a defect is discovered in the factory and is fixed before it reaches the consumer.

Answers

Internal failure costs are incurred when a flaw is found in the manufacturing process and corrected prior to reaching the consumer.

How much do internal failure costs run?

Internal failure costs are costs incurred for poor product quality that are identified prior to a product leaving the facility. The company's internal inspection procedures are used to find these shortcomings.

What types of failure costs are there?

Failure is costly. Failure expenses include those incurred while repairing nonconforming material, such as scrap, rework, replacement, warranty actions, and other related expenditures. Many businesses further divide the category into failure costs that are internal and external.

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if other firms see economic profits in the industry, they will enter it, and the demand curve for firms already in the industry will shift to the ; in the long run, this will result in economic profit and price .

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When an industry is monopolistically competitive and profitable, businesses will enter it. Demand will be shifted to the left as a result, decreasing market share and economic profit.

Like businesses in other market configurations, monopolistic competitors could make money in the near term, but it doesn't guarantee they can maintain it. Other businesses will be enticed to enter the market if one dominant rival makes good economic profits.

The perceived demand curve for each business will move to the left when entry happens in a monopolistically competitive market because a lower amount will be sought at any given price. Another approach to understanding this change in demand is to observe that a lower price will be applied for each amount sold.

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2. on february 10, a corporation purchases 2,000 shares of its common stock at $50 per share. the entry to record the purchase would include a

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The entry to record the purchase would include a Sometimes a organisation decides to purchase its personal stock in the market. These shares are referred to as treasury stock.

What is the effect of the purchase of treasury stock?

Treasury stock, also recognized as treasury shares or reacquired stock, refers to in the past magnificent inventory that has been bought lower back from stockholders by means of the issuing company. The end result is that the complete wide variety of great shares on the open market decreases

Treasury inventory is stock that is repurchased by the equal organization that issued it. The corporation is shopping for again its personal inventory from the stockholders. Since treasury stock shares are no longer owned through stockholders but via the business enterprise itself, complete stockholders' equity decreases.

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on what primary basis should producer lester determine the suitability of an annuity product he recommends to any of his clients?

Answers

Primary basis should producer Lester determine the suitability of an annuity product he recommends to any of his clients the Commition he will take on product.

Annuity suitability guidelines require insurers, dealer sellers and sellers to gather records approximately your monetary scenario to decide if an annuity meets your needs. The National Association of Insurance Commissioners created a version law for annuity suitability that maximum states follow.

Typically, you have to bear in mind an annuity best after you've got maxed out different tax-advantaged retirement funding vehicles, including 401(k) plans and IRAs. If you've got got extra cash to set apart for retirement, an annuity's tax-loose increase may also make sense - particularly in case you are in a high-profits tax bracket today.

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revenue per employee is a common measure of efficiency for a.automated assembly lines. b.service-oriented businesses. c.merchandisers. d.none of these choices are correct.

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Revenue per employee is a standard metric of service-oriented business efficiency. Thus, the correct choice is (b) service-oriented businesses.

What exactly does service-oriented business imply?

A service-oriented company delivers a service to its clients or consumers. Businesses and other businesses are often classed according to whether they offer commodities or services. Farms, mines, and manufacturing are examples of those that produce products.

A Service Oriented Organization is one that has embraced the notion of running IT like a business by implementing service management methods throughout a company's whole portfolio of IT services. You may apply incremental innovation to supplement your present service management techniques.

Airlines, banks, computer service bureaus, legal firms, plumbing repair companies, movie theaters, and management consulting organizations are examples of pure service enterprises.

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pam is a project manager who is working to develop a new cereal flavor for a line of cereals. she asks one of the team members to help another member complete a deliverable. which strategy is she applying?

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Resource realignment strategy is she applying. "The comprehensive process of structuring the firm's portfolio of resources, bundling the resources to generate capabilities, and leveraging those capabilities with the goal of generating revenue," is business resource realignment is defined.

Sustaining value for customers and owners." Resource allocation is crucial to project management because it enables you to plan and get ready for goals to be achieved or projects to be implemented. The components important for deciding on a business level strategy are completely outlined in the Strategic Alignment Model. These are the main factors that strategists can choose to alter in order to accomplish their goal.

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a quantity regulation is a: limit on the number of consumers allowed in a market. minimum or maximum quantity that can be sold. limit on how many firms can operate in a market. minimum or maximum price that can be charged.

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A quantity restriction is a limit on how much can be sold. Option B is correct

Regulated Quantity refers to the amount that is adequate to support an environmental law's obligation for cleaning, removal, remedial action, or the enforcement of penalties or fines. In its broadest sense, regulation is the imposition of rules by the government, supported by the imposition of penalties, with the goal of specifically altering the economic behaviour of people and businesses in the private sector.

Design control, Good Manufacturing Practices, and quality system management standards and requirements governing the facilities or controls to be used for the design, manufacture, processing, packaging, testing, or holding of medical devices to ensure their safety are referred to as "quality system regulation."

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a new partner enters a partnership, and goodwill is calculated and credited to the original partners. how is the specific amount of goodwill assigned to these partners?

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Goodwill recognized in a capital transaction is allocated to the original partners based on the profit and loss ratio. The amount is assumed to represent unrealized gains in the value of the business. To determine the amount of goodwill, the implied value of the business as a whole must be calculated based on the price paid for a portion by the new partner. The difference between this implied value and the total capital is assumed to be goodwill or some other adjustment to asset value.

When a firm buys another company's entire business, goodwill develops. The cost of buying the business is subtracted from the fair market value of the identifiable tangible and intangible assets, as well as the liabilities acquired during the acquisition, to determine the amount of goodwill. An American nonprofit 501(c)(3) organization called Goodwill Industries International Inc., also known as Goodwill (stylized as goodwill) in speech and writing, offers job training, employment placement services, and other community-based initiatives for those who face employment difficulties. Goodwill is both a capital asset and an intangible asset. The amount over book value that one business pays to acquire another is referred to as goodwill value. Goodwill is regarded as a capital asset because it generates revenue on a continuous basis for a duration longer than one year.

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How does the salary for legislators in texas compare with that paid to legislators in the other nine most populous states in the united states?.

Answers

The lowest salary for legislators in Texas compare with that paid to legislators in the other nine most populous states in the united states.

What is salary?

⇒A salary is a type of recurring payment made to an employee by their employer and may be outlined in an employment contract. In contrast, piece wages pay each work, hour, or other unit separately rather than on a regular schedule. Salary can also be viewed from the standpoint of running a business as the expense of hiring and retaining staff to carry out operations; in this situation, it is known as a personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts.. A salary is a set sum of money or other kind of payment made to an employee by their employer in exchange for services rendered. Regular defined intervals are used to pay salaries, such as monthly installments of one-twelfth of the annual salary.

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great wall pizzeria issued 11-year bonds one year ago at a coupon rate of 6.8 percent. if the ytm on these bonds is 9 percent, what is the current bond price?

Answers

The current bond price is $858.81.

Assuming face value to be $1,000

Coupon = 0.068 * 1000 = 68

Price = Coupon * [1 - 1 / (1 + r) n] / r + FV / (1 + r) n

Price = 68 * [1 - 1 / (1 + 0.09)10] / 0.09 + 1,000 / (1 + 0.09)10

Price = 68 * 6.417658 + 422.410807

Price = $858.81

Coverage started out in earnest in May 2021 whilst the 6-month 'inflation rate' of 1.77% became announced (that's 3.54% annualized!). Then, in November 2021 I bond costs doubled to 7.12% after which 9.62% in May 2022!

Inflation sucks, however there's one upside: It's nevertheless a splendid time to shop for a government sponsored I bond. Series I financial savings bonds are conservative, secure investments that upward thrust and fall with inflation, and they may be incomes a long way extra than the satisfactory high-yield financial savings account or certificates of deposit.

U.S. Savings Bonds mature after 20 or 30 years, relying at the form of bond: Series EE bonds mature after 20 years. They are offered at 1/2 of their face price and are really well worth their complete price at maturity. Series I bonds are offered at face price and mature after 30 years.

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a customer writes 1 july 40 put at 6. the put is exercised when the market price is 30. for tax purposes, what is the effective cost basis of the stock put to the writer of the contract?

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The effective cost basis of the stock put to the writer of the contract is 34.

What does "stock" mean?

A stock is a colloquial phrase for any company's ownership certificates. On the other hand, a share alludes to a certain company's stock certificate. You become a shareholder if you possess shares of a specific corporation. There are two categories of stocks: ordinary and preferred.

How is stock cost basis calculated?

The cost basis is typically just the price you pay for each share when you buy stock. Let's say you invested $100 a share in a taxable brokerage account to buy 10 shares of XYZ. Your cost basis for each individual share would be $100, making the total cost $1,000.

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both bond a and bond b have 9.6 percent coupons and are priced at par value. bond a has 8 years to maturity, while bond b has 20 years to maturity. a. if interest rates suddenly rise by 2.2 percent, what is the percentage change in price of bond a and bond b?

Answers

The percentage change in price of bond A is 11.01% and bond B is 16.64%.

What is a bond?

In the world of finance, a bond is a type of instrument where the issuer (debtor) owes the holder (creditor) a debt and is obligated, depending on the terms, to repay the bond's principal at maturity as well as interest (referred to as the coupon) over a certain amount of time. An IOU or kind of loan is what a bond is. To finance long-term investments or, in the case of government bonds, to finance immediate expenses, the borrower can get external cash through the sale of bonds. Despite the fact that both bonds and stocks are securities, the main distinction between the two is that (capital) shareholders have an equity stake in a firm, whereas bondholders have a creditor stake in a company (i.e. they are lenders).

Fv is face value of $1000 at which bond would be retired.

=-pv(11.8%,20,96,1000)=$833.59

Change in the Bond B price=($833.59-$1000)/$1000=-16.64%

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Which one of the following is the most effective means for a company to grow its wholesale sales of branded footwear in the Latin America region? O Market branded footwear to Latin American retailers that has an S/Q rating 1.5 stars higher than the industry average S/Q rating in Latin America O Provide footwear retailers in Latin America with an amount of merchandising and promotional support that exceeds the industry average in Latin America O Spend an annual amount for search engine advertising that exceeds the industry average in Latin America by at least $1 million O Charge footwear retailers in Latin America an average wholesale price for branded footwear that is below the average retail price the company charges individuals consumers to buy its branded footwear online at the company's website in Latin America O Offer a mail-in rebate that is $1 higher than the industry average in Latin America

Answers

Option (A), sell branded shoes to Latin American retailers with an S/Q rating that is 1.5 stars greater than the region's average S/Q rating.

How would you rate S Q?

The consumer group evaluates the design and build quality of every competitor's footwear and gives each brand's branded footwear an S/Q grade, or styling quality, from 0 to 10.

What constitutes a good S Q rating?

Beginning with the principles you can be certain of can help: I advise beginning with an S/Q grade of 7 stars and 50 available models for the high-quality, low-model strategy. In addition, you should always set your Retail Outlets settings to the largest figure you are permitted to input.

How do I boost my SQ rating?

Early investments should be made in plant renovations, notably the S/Q rating upgrading. Early investment in these areas will give the business several years of return on investment. The company's credit rating is most significantly impacted by the total quantity of loans it has outstanding.

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​________ reflects the idea in​ e-commerce that large numbers of people can make better decisions about a wide range of topics or products than a single person or even a small committee of experts.

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The concept of crowdsourcing in e-commerce is that many individuals can make better judgements than one person or even a small committee of experts about a variety of topics or products.

What is crowdsourcing, in a nutshell?

Crowdsourcing is the process of asking a large group of people for the information, goods, or services that are required. Author Jeff Howe coined the term "crowdsourcing," which mixes crowds and outsourcing, in his essay "The Rise of Crowdsourcing" from Wired magazine in 2006.

Many businesses and organizations use specialized crowdsourcing platforms like 99designs or Fiverr to find solutions for niche tasks like graphic design, proofreading, or software testing. Social media platforms like Twi-tter, Face-book, and Inst-agram are used by businesses worldwide to find inspiration for fresh products and services.

What advantages does crowdsourcing offer?

You Can Benefit From These 6 Huge Crowdsourcing Benefits

unexpected answers to complex situations.increased diversity of thoughtdecreased management workloadmore advertising clamorfaster resolution of issues.customer-focused information

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user-owned, nonprofit, cooperative financial institution that is organized for the benefit of its members
credit union

Answers

A cooperative, non-profit financial institution, a credit union was established to encourage thrift and provide members with credit.It is part claimed and controlled through a governing body chose by the enrollment.

The credit union may be run by a management team that is hired by the board, which is made up of volunteers.

Which of coming up next is a client own charitable helpful monetary foundation?

The people who use its financial services own a credit union, which is a non-profit financial institution.Credit cards, checking and savings accounts, loans, and other services offered by a traditional bank are all available to credit union members.

What distinguishes a credit union from a bank?

Credit unions are not-for-profit institutions that exist to provide members with services.Credit unions, like banks, take deposits, make loans, and offer a wide range of other financial services.

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If the required reserve ratio is 10% and the fed conducts an open market purchase of $100, what is the maximum possible change in the money supply?.

Answers

$1000 What can the money supply alter to the maximum extent if the saving rate is 10% as well as the Fed purchases $100 on the open market

What does buying market share entail?

A market purchase occurs when shares are bought and sold on the Exchange and is required to be approved by an ordinary resolution that may either grant a wide authority to buy the company's own assets or may restrict the authorization to shares of a certain class or description.

What does a market order look like?

The first 100 shares of a market purchase order for 500 shares will be executed at a price of $20. However, the next 400 will be fulfilled at the highest asking price for share sellers of those 400 shares. The next 400 units may be performed at $22 or above if the share is very lightly traded.

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Sasha is browsing Stack Overflow. Which BEST describes why she might be doing this?
A. she is looking for a manual for her Dell computer
B. she needs directions for building a computer from scratch
C. she has questions about computer issues
D. she wants to find job openings in the technology field

Answers

Sasha is browsing Stack Overflow because she has questions about computer issues. The appropriate response is option C.

What is Stack Overflow?

Programmers can ask questions and find answers on the website Stack Overflow. It serves as the Stack Exchange Network's flagship website. Joel Spolsky and Jeff Atwood developed it in 2008. It offers questions and answers on many different computer programming-related topics.

The reason Stack Overflow is so well-liked is that it contains roughly 50 million questions and answers on every conceivable aspect of technology. everything, including cloud technologies like AWS, scripting languages like JavaScript, and programming languages like Python.

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in order to avoid bias while conducting subjective job evaluations of their subordinates, managers should avoid blank . multiple choice question. recording observations of their subordinates before conducting job evaluations attributing the performance of their subordinates to the working environment observing their subordinates' performance regularly evaluating many subordinates at one time

Answers

In order to avoid bias while conducting subjective job evaluations of their subordinates, managers should avoid A) recording observations of their subordinates before conducting the job.

An effective way of reducing subjectivity is through making personnel aware of its life and instructing them on approaches to recognize it. Doing this near the appraisal season could be more helpful. Often times, the rankings that appraisers are presupposed to select from have subjective tones.

Affinity bias is the tendency to choose someone we have similarities. In performance reviews, this can lead managers to miss the achievements of one employee over some other. We may also experience a bias towards humans from a similar history to us, or who've comparable pastimes and pastimes.

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your coworker alayna thinks that your employer punished her by excluding her from a prize drawing after she was injured at work, even though she followed all worksite safety rules. how long does alayna have to file a complaint with osha?

Answers

Alana needs to file a complaint by 30 days with OSHA when she thinks  that your employer punished her by excluding her from a prize drawing after she was injured at work.

Who is the "employer"?

An employer is a company, institution, government body, agency, business, professional services firm, nonprofit organization, small business, retailer, or individual who hires or places someone who goes by the name of an employee or staff member to work.

Are employers bosses?

A person who is the employer or boss of a group of employees in a firm has power and control over them. Employees are those that assist their employer in running their business in order to earn money from them.

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hat are the different ways that companies use electronic technology in their commercial transactions for e-business? (select all that apply.)

Answers

What are the different ways that companies use electronic technology in their commercial transactions for e-business?

General speaking, e-commerce assisting technologies can be divided into three categories: (1) Information display applied sciences which encompass Web, HTML, XML and Java technologies.

(2) Information transmission technologies which consist of EDI, TCP/IP, WAP, WLAN and Bluetooth technologies

What is industrial transactions performed electronically on the Internet?

E-commerce can be defined typically as the sale or purchase of goods or services, whether or not between businesses, households, persons or non-public organizations, through digital transactions performed through the web or different computer-mediated (online communication) networks.

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is a group incentive program that measures improvements in productivity and effectiveness and distributes a portion of each gain to employees. group of answer choices commission sharing profit rate gainsharing merit rate group bonus

Answers

Answer

Gainsharing does, in fact, take into account productivity gains and pay a percentage of each to workers. Group incentives honor the accomplishment of a shared objective, typically expressed in terms of physical outputs.

Explanation:

Through profit-sharing schemes, businesses are increasingly implementing this same idea for all employees. Employees are given the opportunity to benefit from enhanced corporate productivity through higher salaries in this situation. Earnings rise in direct proportion to productivity growth.

Gainsharing programs are used by organisations that want their workers to concentrate on efficiency. These programs track productivity and effectiveness gains and give employees a share of the profits.

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which of these individuals is an example of a top manager? multiple choice question. roberto is the sales manager for three midwest states. bryan is the shift supervisor at a retail clothing store. aisha is the ceo of a furniture manufacturing facility. kelli oversees the marketing department for a restaurant chain.

Answers

The CEO of a company that produces furniture is Aisha. As a result, choice (C) is the best way to respond.

What is a top manager?

The term "Top Manager" refers to a Measured Entity employee who has ownership rights, sits on the Board, manages the day-to-day operations, is in charge of the overall financial management, and actively participates in creating and putting into practice the Measured Entity's overall strategy.

A person who works at the executive level and is known as a top-level manager is in charge of developing and carrying out organizational strategies and policies. They serve as the middleman in negotiations between upper- and lower-level managers.

Hence, option (C) is accurate.

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1. money can be created in the u.s. economy only by printing more paper money and minting more coins. true false

Answers

Money can be created in the u.s.economy only by printing more paper money and minting more coins.

What is economy?

⇒ An economy is a region where products and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain that places an emphasis on the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources. One's culture, values, education, technological advancement, history, social organization, political structure, legal system, and natural resources are all major determinants of an economy's processes. These elements determine the parameters and conditions under which an economy operates in addition to providing background and content. In other words, the economic realm is a social domain made up of connected human behaviors and exchanges that cannot exist independently.

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Stakeholders have been able to form international coalitions more successfully through use of:
a. Government regulation.
b. Community involvement.
c. Communications technology.
d. Unions

Answers

Through the use of communications technology, stakeholders have been able to forge.

The correct option is c.

Information technology, often known as communications technology, refers to all the tools and software needed to handle and transmit data.

You may better grasp a client's or stakeholder's objectives and overarching goals through effective communication, which will allow you to analyse and modify the way you support the delivery of those goals.

Transparency, accuracy, and communication are essential when it comes to stakeholder communication standards. Stakeholders anticipate that you have finished and identified the important stakeholders for your project. Early stakeholder identification might help you keep your project on schedule.

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The term​ ________ represents all the forms of money that are traded​ internationally, including bank​ deposits, checks, and electronic transfers.

Answers

All types of money that also are traded internationally, such as cash deposits, checks, or electronic transfers, are collectively referred to as "foreign exchange."

By check, what do you mean?

A check is just a written, dated, & signed document than instructs the bank to pay the bearer a certain sum. The person or organization whom writes the check is known as the payor, and the recipient of the check is known as the payee.

What kinds of checks are there?

How Many Different Check Types Are There:

Bank drafts.Checks for wages.Electronic checks, or e-checks.Checks for travel.Individual checksCash Orders.Authenticated Checks.Payroll checks.

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