Unions prefer individual incentive pay plans to group incentive pay plans since members can earn more money.
Answer the following statement true (T) or false (F)
False
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On May 1, Anders Company purchased merchandise in the amount of $5,800 from Shilling, with credit terms of 2/10, n/30. Anders uses the perpetual inventory system and the gross method. The journal entry that Anders will make on May 1 is:
A.
| Merchandise Inventory | 5,800 | |
| Accounts payable | 5,800 |
B.
| Purchases | 5,800 | |
| Accounts payable | 5,800 |
C.
| Accounts payable | 5,800 | |
| Sales | 5,800 |
D.
| Merchandise Inventory | 5,800 | |
| Cash | 5,800 |
E.
| Sales | 5,800 | |
| Accounts receivable | 5,800 |
Companies that manufacture products according to government specifications are not liable if such products cause injury because ________
A) the companies have government contractor defense B) the use of these products entails generally known dangers C) these products are abnormally misused D) people assume the risk when using these products
Discuss the following statement: "There's a difference between being very competitive and can-do, and winning at all costs. All costs is costly."
True or False A histogram describes a frequency distribution by using a series of adjacent rectangles, each of which has a length that is proportional to the frequency of observations within the range of values it represents
Indicate whether the statement is true or false