The best source of information about a customer's credit is/are
A) the firm's experience with the customer.
B) Dun and Bradstreet.
C) information from the customer's bank.
D) data from financial markets.
E) credit references supplied by the customer.
A
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When the bad news appears to be a logical outcome of the reasons that precede it, the reader is more prepared to accept it
Indicate whether the statement is true or false.
Shredding computer printouts is an example of an output control
Indicate whether the statement is true or false
The cost of abnormal losses are
a. treated as product costs. b. treated as period cost. c. absorbed by the costs of the good units. d. none of the above.
The sole nursing home in the county offers a long-term care agreement. The contract is prepared on a standard form and offers terms on a take-it-or-leave-it basis. Such a contract is called:
a. exculpatory. b. a usurious contract. c. an illegal restraint of trade. d. an adhesion contract.