Firing an agent does not end apparent authority
Indicate whether the statement is true or false
True
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To avoid a confrontation with a customer and to avoid telling the customer he or she is wrong, a salesperson can use the head-on approach to handling objections
Indicate whether the statement is true or false
If an adjusting entry is not made at the end of an accounting period to remove the earned revenue from the Unearned Revenue account,
A) assets would be understated. B) stockholders' equity would be overstated. C) liabilities would be understated. D) liabilities would be overstated.
Businesses tend to favor arbitration over litigation because it is:
a. cheaper. b. quicker. c. more confidential. d. All of the above
Dylan is a supervisory manager in the production department of a tea manufacturing company. Each year, he actively participates in the budgeting process of the company. His input is valued by the top management as he is able to identify the issues in his department. In this scenario, it can be said that Dylan's company follows the _____ to budgeting.
A. top-down approach B. incremental approach C. bottom-up approach D. zero-based approach