Which of the following is true of the Uniform Computer Information Transactions Act?

A) It establishes the rules for operation of franchises in the U.S.A.
B) It does not become law until a state adopts it as a statute.
C) It solely deals with the formation of electronic contracts, not licenses.
D) It addresses most of the legal issues that are encountered while starting an entrepreneurial venture.


B

Business

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The goal of _____ is to manage an organization's money as efficiently as possible.

A. financial managers B. auditors C. project managers D. supervisors

Business

Usually, a lease terminates when its terms ends.

Answer the following statement true (T) or false (F)

Business

Stockman Inc. has provided the following data for the month of November. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Work In ProcessFinished GoodsCost of Goods SoldTotalDirect materials$4,070 $15,680 $42,080 $61,830 Direct labor 7,760  27,440  73,640  108,840 Manufacturing overhead applied 5,130  14,250  37,620  57,000 Total$16,960 $57,370 $153,340 $227,670 Manufacturing overhead for the month was overapplied by $1,000.The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those

accounts.The journal entry to record the allocation of any underapplied or overapplied manufacturing overhead for November would include the following: A. credit to Finished Goods of $57,370 B. credit to Finished Goods of $250 C. debit to Finished Goods of $250 D. debit to Finished Goods of $57,370

Business

What is the purpose of gathering system records?

A) To watch employee behavior for wrong doing B) To gain an objective view of what an employee is doing C) To match what the employee claims he does to what he is actually does D) To have accurate information for a performance review

Business