A seller can revoke an option at any time so long as there is proper notification

Indicate whether the statement is true or false


False

Business

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If a sample of items is taken and the mean of the sample is outside the control limits, the process is:

A) likely out of control and the cause should be investigated. B) in control, but not capable of producing within the established control limits. C) within the established control limits with only natural causes of variation. D) monitored closely to see if the next sample mean will also fall outside the control limits. E) producing high quality products.

Business

The performance evaluation system should provide incentives to segment managers for coordinating the activities of the subunits and directing them toward the overall company goals

Which of the following performance measurement goals has been described by this statement? A) motivating segment managers B) promoting goal congruence C) providing feedback D) benchmarking

Business

Regarding performance appraisals, it is correct to say that:

a. employers have a duty to conduct performance appraisals b. employers do not have a duty to conduct performance appraisals c. courts will not recognize a claim for a negative appraisal which was deserved d. b and c

Business

Kay Sadia sold merchandise for $7,200 subject to 8% sales tax.  The entry in the general journal to record the sale will include:

A. credit to Sales for $7,200.00. B. a credit to Sales for $7,776.00. C. a debit to Accounts Receivable for $7,200.00. D. a debit to Sales Tax Payable for $576.00.

Business