An undisclosed principal will be bound by any contract the agent enters into with actual authority

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Levels of measurement of a scale are: open-ended, categorical, and metric

Indicate whether the statement is true or false

Business

Roseland Company is trying to decide whether to continue to manufacture a particular component or to buy the component from an outside supplier. Which of the following is irrelevant with respect to this decision?

A) the quality of the component purchased from the outside supplier B) the outside supplier's ability to deliver the component on a timely basis C) the alternative uses of the facilities currently being used to manufacture the component D) the unavoidable fixed manufacturing costs associated with the manufacture of the component

Business

On January 1, 2018, a subsidiary bought 10% of the outstanding shares of its parent company. Although the total book value and fair value of the parent's net assets were $5.5 million, the consideration transferred for these shares was $590,000. During 2018, the parent reported separate net income of $714,000, before including investment income, while dividends declared were $196,000. How were these shares reported at December 31, 2018?

A. The investment was recorded for $590,000 at the end of 2013 and then eliminated for consolidation purposes. B. Consolidated stockholders' equity was reduced by $641,800. C. Consolidated stockholders' equity was reduced by $639,800. D. The investment was recorded for $641,800 at the end of 2013 and then eliminated for consolidation purposes. E. Consolidated stockholders' equity was reduced by $590,000.

Business

There are ______ major collaborative activities in the CPFR process that buyers and sellers in a supply chain need to undertake to satisfy the needs of the customers.

A. four B. five C. three D. six

Business