The ISO promotes standardization with a view of facilitating the international exchange of goods and services

Indicate whether the statement is true or false


True

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A note receivable or promissory note

A) has the party to whom the money is due as the maker. B) is not a formal credit instrument. C) cannot be factored to another party. D) may be used to settle an accounts receivable.

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Grandma's Jellies Inc Grandma's Jellies Inc produces and distributes a variety of jellies. Two hundred jars of jelly are produced in a single batch. The following activities are performed per batch: Activity Hours Processing (two departments) 6 Inspecting 1 Moving (three moves) 3 Waiting (for the second process) 4 Storage (before delivery to the customer) 10 Refer to the Grandma's Jellies Inc

information above. The manufacturing cycle efficiency per batch is: A) 29.2%. B) 41.7%. C) 25.0%. D) 83.3%.

Business

The use of many colors, complex symbols, and elaborate art techniques in a chart helps to make the data more relevant and interesting to the reader

Indicate whether the statement is true or false

Business

The Klodhoffer Corporation has assets amounting to $2 million and needs additional capital to finance expansion of its operation. The board of directors decides to promote an issue of $1.5 million of common stock in order to raise capital. At the time

the stock is issued, Klodhoffer has 250 shareholders owning common stock. If Klodhoffer is to trade the stock over the counter, does it need to register with the SEC?

Business