Ralco was preparing Heidi's tax return. In confidence, Heidi revealed some information to Ralco. Under the federal accountant-client privilege, the information Heidi disclosed is protected from disclosure in a criminal action by the U.S. government

a. True
b. False
Indicate whether the statement is true or false


False

Business

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On June 30, Coral, Inc. finished Job 750 with total job costs of $4700, and transferred the costs to Finished Goods Inventory. On July 6, Coral sold goods to a customer for $5000 cash. Which of the following is the correct journal entry to record the cost of goods sold? Assume the perpetual inventory system is used.

A) debit Finished Goods Inventory $4700 and credit Cost of Goods Sold $4700 B) debit Cost of Goods Sold $4700 and credit Work-in-Process Inventory $4700 C) debit Work-in-Process Inventory $4700 and credit Cost of Goods Sold $4700 D) debit Cost of Goods Sold $4700 and credit Finished Goods Inventory $4700

Business

The innovation dilemma known as seeds versus weeds refers to

A. choosing to pursue product rather than process innovations. B. choosing to pursue radical rather than incremental innovations. C. promoting organizational stars onto innovation teams rather than involving all employees in innovation efforts. D. choosing which innovation ideas are most likely to "bear fruit."

Business

In the context of the promotion mix elements, which of the following represents a strength specific to social media marketing?

A. ability to stimulate purchase directly through incentive to buy B. message customization without high costs of personal selling C. many provider choices D. great creative flexibility E. unpaid communication seen as more credible than paid forms

Business

Grant proposals aim to ________

A) sell products or services B) secure funding C) ?increase profits D) start new businesses

Business