The “essential ingredients” you’ll need when practicing your speech are all of the following EXCEPT

a. your speech notes.
b. an audience.
c. a clock or wristwatch.
d. a tape or video recorder.


b. an audience.

Business

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[APPENDIX] A sole proprietorship is a separate entity for legal purposes

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

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Landfall Navigation began operations in 2020 and provides a one year warranty on the products it sells. They estimate that 20,000 of the 400,000 units sold in 2020 will be returned for repairs and that these repairs will cost $8 per unit. The cost of repairing 16,000 units presented for service in 2020 was $128,000. Landfall should report

a. warranty expense of $32,000 for 2020.

b. warranty expense of $128,000 for 2020.

c. warranty liability of $160,000 on December 31, 2020.

d. no warranty obligation on December 31, 2020, since this is only a contingent liability.

Business

Which of the following is a type of in-home selling?

A) the party plan system B) network marketing C) the pyramid system D) e-commerce E) experiential marketing

Business

The total manufacturing costs on job cost sheets for unfinished jobs equals the total amount in the Work in Process Inventory account in the general ledger.

Answer the following statement true (T) or false (F)

Business