John received $350 for delivery services; this transaction increased Cash and revenue.
Answer the following statement true (T) or false (F)
True
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The term cash on the statement of cash flows includes ________________________
Fill in the blank(s) with correct word
The Federal Trade Commission can require firms to use "corrective advertising" or "affirmative disclosures" if it decides a particular advertisement is unfair or deceptive.
Answer the following statement true (T) or false (F)
One of your friends is preparing to open a store that will sell outdoor gear. When you heard that the business would have three or four employees, you told your friend that she would need to pay careful attention to segregation of duties. She has asked you to explain what duties should be separated and why segregation of duties is important in a business. Write a note to your friend explaining these issues.
What will be an ideal response?
Robin claims that her contract with Stroud for tennis lessons is voidable. If their contract is avoided,
a. both parties are released from it. b. both parties must fully perform their obligations under it. c. both parties will agree to a wholly different contract. d. a wholly different contract is imposed "as if" the parties had agreed.