A customer can escape liability for failing to notify the bank of forged or altered checks when the customer can prove that the bank was negligent
Indicate whether the statement is true or false
True
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When evaluating material you've gathered for a report, you should
A) assume that any information taken from a webpage will be credible and reliable. B) throw out any information published by an organization that might be biased. C) check the material for currency. D) ignore government documents. E) assume blogs are objective sources.
Gaining information about one's competitors' activities so that you can anticipate their moves and react appropriately is called
A. strategic forecasting. B. corporate espionage. C. contingency planning. D. trend analysis. E. competitive intelligence.
If a company uses the allowance method to account for bad debts, when will the company's owners' equity decrease?
a. At the date a customer's account is written off b. At the end of the accounting period when an adjusting entry for bad debts is recorded c. At the date a customer's account is determined to be uncollectible d. When the accounts receivable amount becomes past due
A sampling program always targets the right potential customers
Indicate whether the statement is true or false