Goods are to be sent from Buffalo, NY to Raleigh, NC by UPS using the delivery terms F.O.B. Buffalo, NY. Where does tender occur?
a. Where the goods are identified.
b. Where the goods are shipped.
c. Where the goods are delivered and picked up by the buyer.
d. Where the goods are taken by the buyer.
b
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What is the auditor trying to accomplish by varying the timing of audit procedures from the prior year?
a. Introduce unpredictability. b. Confuse the client. c. Gather information during different times of the year. d. Finish the audit sooner.
When should a manager decide on a BATNA?
A. during the negotiation B. prior to the negotiation C. only after the negotiation has failed D. a skilled negotiator does not need a BATNA
Which of the following would constitute the creation of an express warranty for goods?
A) description of the goods B) commendation of the goods C) prior experience with the goods D) affirmation of the value of the goods
Indicate whether each of the following statements is true or false.Some forms of financial statement analysis involve identifying changes in the same item for the same company over a period of time.Some forms of financial statement analysis involve comparing operations of different companies in the same industry.Vertical analysis is also called trend analysis.Vertical analysis refers to studying the behavior of individual financial statement items over several periods.Horizontal analysis could be done using changes in the absolute dollar amount of an item or trends in percentages.
What will be an ideal response?