In case of international contracts, purchasing managers should pay particular attention to which of the following:
a. Choice of law
b. Force Majeure
c. Forum selection
d. None of the choices

e. All of the choices.


e

Business

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Midwest Enterprises uses special journals. The company borrowed $10,000 from First State Bank. This transaction is recorded in the ________.

A) general journal B) debt journal C) cash receipts journal D) cash payments journal

Business

The direct materials price standard for a period is determined by averaging that period's cost of direct material purchases

Indicate whether the statement is true or false

Business

Under both U.S. GAAP and IFRS, the issue or redemption of debt is a financing activity

Indicate whether the statement is true or false

Business

The costs assigned to the individual assets acquired in a basket purchase are based on their relative:

A. market values. B. depreciable costs. C. historical costs. D. book values.

Business