A confirmation is used to:
A. verify a representation from a third party.
B. verify that a specific trend is correct.
C. verify that a control is being observed.
D. verify the inventory count is correct.
Answer: A
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On October 29, 1989, Alex agrees to paint Georgia's house during the Thanksgiving week for $4,000 in exchange for Georgia's promise to pay him $4,000 in cash immediately upon completion of the work. Which of the following statements is true of this case?
A. Alex could back out of the deal on October 31 without legal liability to Georgia because she has not given any consideration for Alex's promise to do the work until she pays him. B. Georgia could hire another painter on October 31 without legal liability to Alex because until he has painted the house, he has not given any consideration for Georgia's promise to hire him. C. Alex could back out of the deal on October 29 without legal liability if he could prove that $4,000 was inadequate consideration to paint Georgia's house. D. Both parties are bound on October 29 because each has given consideration for the other's promise.
Why should new systems development activities be segregated from the program change (maintenance) function?
Leadership is ______ that emerges through social interactions with others.
A. self-esteem B. an identity C. a self-fulfilling prophecy D. a high expectation
The stages of the retail life cycle are introduction, growth, maturity, and decline
Indicate whether the statement is true or false