The substitution of an old contract for a new one that replaces an obligation or a party for another is a:?
A) novation

B) warranty.
C) assignment.
D) delegation of duties.


A

Business

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Based on ________, managers develop objectives, strategies, and programs for the product, product line, or closely related group of products

A) data analysis B) historical data C) final audit D) industry norms

Business

Independent variables are the variables that measure the effect of the dependent variables on the test units

Indicate whether the statement is true or false

Business

In preparing a statement of cash flows, the reconciliation of net income to cash from operating activities does NOT include

a. loss on sale of operational assets. b. bond discount or premium amortization for the period. c. gain on sale of debt and equity securities classified as Trading Securities. d. adjustment to record debt or equity securities classified as Securities Available for Sale at fair value.

Business

Foot Friendly is a manufacturer of athletic shoes. It has released an improved version of its premier running shoe in markets in which the company already operates. Which of the following types of innovations does this scenario best illustrate?

A. architectural innovation B. incremental innovation C. radical innovation D. disruptive innovation

Business