Answer the following statements true (T) or false (F)
1) A receivable occurs when a business sells goods or services to another party on account.
2) Each receivable transaction involves two parties - the one who takes on the obligation and the one who will collect the cash.
3) A receivable is a monetary claim against a business or an individual.
4) A receivable is a liability because it represents a right to receive cash in the future.
5) A debtor is a party to a credit transaction who will receive the cash for the transaction at a later date.
1) TRUE
2) TRUE
3) TRUE
4) FALSE
5) FALSE
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The first tariff in the United States (1789) was intended mainly
a. to raise revenue for the U.S. government. b. to protect American farmers from foreign competition. c. to protect American manufacturers from foreign competition. d. to offset unfair trading practices of European nations.
Which would be the best way for an employer to assess someone's technical skills?
A. Ask the candidate questions about a particular subject or ask the candidate to solve a particular problem. B. Have the candidate take a Myers-Briggs Type Indicator test and compare their results to those of current employees. C. Have the candidate describe handling a past situation in which the customer was unwilling to answer questions. D. Ask the candidate to bring samples of documents they have prepared, such as procedures or flowcharts.
Answer the following statements true (T) or false (F)
1.Workplace safety deals with the physical protection of people from injury or illness while on the job. 2.Safety data sheets are documents that provide information on a hazardous chemical and its characteristics. 3.Employee assistance programs are a set of counseling and other services provided to employees that help them to resolve personal issues that may affect their work. 4.Workplace safety programs provide employers with high return on investment and help with productivity, absenteeism, and turnover. 5.Utilization is the science of fitting workplace conditions and job demands to the capabilities of the working population.
Many firms are using outsourcing or third-party logistics to better focus on their core business.
Answer the following statement true (T) or false (F)