Statutes often prescribe the terms of contracts

Indicate whether the statement is true or false


True

Business

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Accounts payable

a. signs paychecks b. prepares the payroll voucher c. reconciles time cards and employee records d. distributes paychecks to employees

Business

Which of the following statements is false?

a. There is a relationship between time and relevance. b. An opportunity cost represents the benefits foregone because one course of action is chosen over another. c. Incremental revenue and differential revenue are not the same thing. d. If machine A has an annual operating cost of $30,000 and machine B has an annual operating cost of 26,000 the incremental cost of the 2 machines is $4,000.

Business

Don't start your presentation with an apology or an excuse

Indicate whether the statement is true or false

Business

After the economic recession, the boating industry suffered from a decline in sales. However, recent sales forecasts indicate that the upcoming season will produce a strong demand for boats and boating equipment. Based on this, Les has decided to ramp up production this winter of both his bass fishing boats and speed boats, keep them in storage until the boating sales season officially resumes, and hope that customers will buy them. This is an example of a

A. supply strategy. B. push strategy. C. demand strategy. D. push-pull strategy. E. pull strategy.

Business