In Crest Ridge Construction v. Newcourt, where Newcourt demanded payment in full before delivery because Crest Ridge did not have a credit history, the court held that it would look to the dealings of the parties instead of the written contract to determine the intent of the parties

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Under the Sarbanes-Oxley Act of 2002, financial statements must include both a Management Assessment and an Assurance Opinion. What information do the Management Assessment and an Assurance Opinion provide to financial statement users?

Business

Which of the following best describes the term equivalent units?

A) partially completed units expressed in terms of fully completed units B) partially completed units of output that will be sold as is C) substitute of units that are partially completed D) different types of units that have same selling price

Business

A majority of the states have passed legislation establishing a cooling-off period during which the consumer may void a contract to purchase goods and services

Indicate whether the statement is true or false

Business

When the underlying mean of a time series is very stable and there are no trend, cyclical, or seasonal influences:

A) a simple moving-average forecast with n = 20 should outperform a simple moving-average forecast with n = 3. B) a simple moving-average forecast with n = 3 should outperform a simple moving-average forecast with n = 15. C) a simple moving-average forecast with n = 20 should perform about the same as a simple moving-average forecast with n = 3. D) an exponential smoothing forecast with a = 0.30 should outperform a simple moving-average forecast with ? = 0.01.

Business