Which of the Following Is a Person Who Signs an Instrument

question 18

Multiple Choice

Which of the following is a person who signs an instrument to restrict payment of it, negotiate it, or incur liability?

• A) Maker.
• B) Acceptor.
• C) Drawer.
• D) Endorser.
• E) Promisor.

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Definitions:

Activity Cost Pool

A “bucket” in which costs are accumulated that relate to a single activity measure in an activity-based costing system.

Measure Of Activity

A metric used to gauge the level of a specific operation or process over a given time period.

Activity Rate

A rate used to allocate indirect costs to products or services, based on a specific activity or driver.

Product Design

The process of creating, defining, and managing the specifications of a physical product or its system to solve a particular problem.