The equal dignity rule requires that if a contract entered into by an agent is in writing, the principal,must honor it

Indicate whether the statement is true or false


F

Business

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How should an efficiency variance that is material in amount be treated at the end of an accounting period?

a. Reported as a deferred charge or credit b. Allocated among work in process inventory, finished goods inventory, and cost of goods sold c. Charged or credited to cost of goods manufactured d. Allocated among cost of goods manufactured, finished goods inventory, and cost of goods sold

Business

Josh received an e-mail stating that he had won a lottery of $500,000 from Lottors Corporation. The e-mail asked Josh to send his bank account details and social security number to transfer cash directly to his account

Josh did not remember buying any lottery tickets, and so was apprehensive about providing his bank details without verification. Which of the following is illustrated from this scenario? A) adware B) viral marketing C) telemarketing D) cyberbullying E) phishing

Business

Which module of the ERP system includes tools for financial management, such as creating and adhering to budgets, cash flow management, expense management, risk management, and tax management?

A. finance and accounting B. human resources management (HRM) C. customer resources management (CRM) D. supply chain management (SCM)

Business

Garden & Yard Landscaping and Penelope enter into an oral contract under which she agrees to work on a Garden & Yard project on Valley Country Club's golf course for sixteen months. This contract is enforceable by

A. Garden & Yard. B. Penelope. C. any interested third party, such as Valley Country Club. D. none of the choices.

Business