Aprincipal who causes a third person to believe that another person is the principal's agent can be estopped from denying the agency relationship

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


True

Business

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A table is in first normal form when it is

a. free of repeating group data b. free of transitive dependencies c. free of partial dependencies d. free of update anomalies e. none of the above

Business

Total payroll for a given week is $34,000. If 70 percent of the company's employees typically qualify to receive two weeks' paid vacation per year (50 weeks), the entry to record estimated liability for vacation pay for the week is

A) Estimated Liability for Vacation Pay 2,380 Cash 2,380 B) Vacation Pay Expense 1,360 Cash 1,360 C) Vacation Pay Expense 952 Estimated Liability for Vacation Pay 952 D) Cash 476 Estimated Liability for Vacation Pay 476

Business

The use of differential pricing over time or customer segments to maximize profits from a limited set of supply chain assets is

A) supply chain coordination. B) forecasting. C) aggregate planning. D) revenue management.

Business

Ignoring the impact of income tax, how does the choice between FIFO and LIFO affect a company's cash flows in an inflationary environment? How does income tax impact your answer? Why?

What will be an ideal response?

Business