Distribution centers are always operated by distribution specialists.
Answer the following statement true (T) or false (F)
False
Distribution centers may be operated by retailers, manufacturers, or distribution specialists.
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Moonlight Company wrote off the account of one of its customers, X, in 2018 for $500. On January 21, 2019, X unexpectedly repaid his account in full. The company uses the direct write-off method to account for uncollectible receivables. Journalize the entries required for Moonlight Company on January 21, 2019. Omit explanations.
What will be an ideal response?
Which of the following capital budgeting techniques does not routinely rely on the assumption that all cash flows occur at the end of the period?
a. internal rate of return b. net present value c. profitability index d. payback period
Jade is in charge of a group of employees who distribute packages around the world. Her main focus is making sure that the packages are received at the proper location and on time. Jade’s focus is on which management function?
a. Planning b. Organizing c. Leading d. Controlling
Ownership of real property can be transferred by gift
Indicate whether the statement is true or false