In the manufacturing sector, the percentage of purchases to sales averages 55 percent
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following is not a current trend in online content?
A. Americans continue to spend more on streaming music than downloaded music. B. Readership of newspapers in print form continues to exceed online readership. C. E-book sales growth slows. D. Explosive growth of the mobile platform accelerates the transition to digital content.
If a company uses LIFO for tax purposes, it must also use LIFO for financial reporting purposes
Indicate whether the statement is true or false
According to your textbook, out of the time people spend on communication, about ________ of that time is spent on sending messages and about ________ is spent on receiving messages.
A) 40%; 60% B) 50%; 50% C) 60%; 40% D) 70%; 30%
Sam wrote a check to Super National to pay for gas. Sam:
a. is primarily liable on the check. b. is secondarily liable on the check. c. has no liability on the check. d. has accommodation liability on the check.