Fernando Kraushar a student at Consumé Community College, often drove trucks for his brother Carlos, helping with pickup and delivery operations. Carlos would pay him $12 per hour and give him explicit instructions about the pickup and delivery times and even the driving routes. Fernando resented his big brother's dominance, but Carlos was explicit, "I love you bro, but don't ever negotiate with
either the buyers or sellers.". What term or terms best describes Fernando?
a. agent/independent contractor
b. employee
c. agent
d. durable power of attorney
b
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A $200,000 bond issue with a carrying value of $194,000 is called at 101 and retired. The entry to record the retirement of bonds is:
A) Bonds Payable 200,000 Gain on Retirementof Bonds 6,000Cash 194,000 B) Bonds Payable 200,000 Cash 200,000 C) Bonds Payable 200,000 Loss on Retirementof Bonds 8,000Unamortized BondDiscount 6,000Cash 202,000 D) Bonds Payable 194,000 Loss on Retirementof Bonds 8,000Cash 202,000
. eBay buyers voluntarily comment to other users and sellers on the quality of service, promptness of shipping, and their general satisfaction with the product. This is one of the most popular examples of user-generated content and is called ____________.
A. Reputation system B. Knowledge system C. Explicit system D. User-generated sales cycle
All of the following are activities carried on in a distribution center except
A. distributing paychecks and paystubs for retail employees. B. coordinating outbound transportation. C. coordinating inbound transportation. D. receiving, checking, storing, and cross-docking merchandise. E. getting merchandise floor ready.
Important moves to deregulate the airline, railroad, trucking, communications (radio, television, and telephone) and energy industries portend an end to the administrative agencies that have regulated these fields in the past
Indicate whether the statement is true or false