An illusory promise is an example of a contract that lacks consideration

Indicate whether the statement is true or false


TRUE

Business

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An example of a transposition is

A) presenting the cash account at $1,500 instead of $15,000. B) presenting prepaid insurance at $920 instead of $290. C) incorrectly posting a credit amount as a debit amount in the general ledger. D) not journalizing a sales transaction at all.

Business

Which of the following is not included in the scope of services performed in internal auditing by a CIA?

a. Assurance and consulting. b. Operations analysis. c. Operational efficiency reviews. d. Internal control analysis. e. They are all included in the scope of services.

Business

Which of the following is NOT an example of a proof statement?

A. A testimonial. B. A demonstration. C. A guarantee. D. The customer's past sales figures. E. Independent research results.

Business

Describe the major benefits of using a computerized database as a source of prospects

What will be an ideal response?

Business