Of the project closeout management steps listed, the first is to:
A) Hand over the project.
B) Finish the work.
C) Gain acceptance for the product.
D) Review how it all went.
B
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Ron uses his status message on his Facebook account to invite his friends to buy his desktop computer. His friend Carl is interested and calls Ron to express his interest. Ron tells him that he is selling the computer for $400
Carl offers to pay $350 and Ron accepts the offer. They decide to complete the sale after three days. The next day, Ron puts up another update on his Facebook account stating he has decided not to sell his computer. Which of the following describes Ron's action of deciding not to sell his computer? A) revocation B) rejection C) counteroffer D) unequivocal acceptance
Deceptive advertising is still legal in most countries.
Answer the following statement true (T) or false (F)
A corporation issued 5300 shares of $10 par value common stock in exchange for some land with a market value of $76,000. The entry to record this exchange is:
A. Debit Land $76,000; credit Common Stock $76,000. B. Debit Common Stock $53,000; debit Paid-In Capital in Excess of Par Value, Common Stock $23,000; credit Land $76,000. C. Debit Common Stock $76,000; credit Land $76,000. D. Debit Land $76,000; credit Common Stock $53,000; credit Paid-In Capital in Excess of Par Value, Common Stock $23,000. E. Debit Land $53,000; credit Common Stock $53,000.
A protective feature on a preferred stock that requires preferred dividends that were not paid in previous years to be disbursed before any common stock dividends can be paid is called _____.
A. par value B. voting rights C. cumulative dividends D. a sinking fund E. a preemptive right