If a contractor's bid contains a mistake in addition when totaling the estimated costs, the contract may not be enforceable
Indicate whether the statement is true or false
True
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What is a quasi contract?
What will be an ideal response?
An agent is not normally liable on a contract he makes with a third party on behalf of a(n):
a. undisclosed principal. b. disclosed principal. c. unidentified principal. d. All of these are correct.
When checks are issued to employees after the entry to record the payroll has been made, the accountant would
A. debit Salaries Expense, debit Wages Expense, and credit Cash. B. debit Salaries and Wages Payable and credit Cash. C. debit Salaries and Wages Payable, debit Social Security Tax Payable, debit Medicare Tax Payable, debit Employee Income Tax Payable, and credit Cash. D. debit Salaries and Wages Payable and credit Salaries Expense and Wages Expense.
Monitoring and controlling processes overlap all of the other project management process groups
a. True b. False Indicate whether the statement is true or false