The primary impact of poorly developed global capacity plans ______.
a. is the failure to deliver the product or service on time
b. is the failure to price the product accurately
c. is the failure to ensure a full complement of product features
d. is the failure to meet international design requirements for the product
a. is the failure to deliver the product or service on time
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Which of the following terms is used to refer to the harmonization present among the accounting rules of different countries?
a. Formal harmonization b. De jure harmonization c. Convergence d. All of the above
Which of the following statements, regarding notes receivable, is incorrect?
A) Notes receivable usually have longer terms than accounts receivable. B) A notes receivable is a written promise that a customer will pay a fixed amount of principal plus interest by a certain date in the future. C) All notes receivable are considered long-term assets. D) Notes receivable are sometimes called promissory notes.
Stockholder investments always decrease equity.
Answer the following statement true (T) or false (F)
Bronson entered into a contract with Crane to have some electrical work done. Crane later delegated the work to Frank, another licensed electrician. Which of the following statements is true?
a. Crane cannot legally delegate his contract obligations. b. Crane is still responsible for making sure the obligation is carried out. c. Crane can no longer be held liable if the contract is breached. d. The contract is automatically terminated.