Under the UCC, a sales contract of ________ is enforceable if it is oral

A) no amount
B) less than $5,000
C) less than $500
D) any amount


C

Business

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In a statement of cash flows, receipts from sales of property, plant, and equipment would be classified as cash inflows from

a. liquidating activities. b. operating activities. c. investing activities. d. financing activities.

Business

Answer the following statements true (T) or false (F)

Accounting standards for intercorporate equity investments represent the most extensive application of flexible uniformity in accounting practice.

Business

One step that a company can take to improve procurement is to ______.

a. monitor the costs of poor supplier quality b. periodically change suppliers c. frequently change the team in charge of procurement d. inspect each unit of each product procured

Business

The cost of overselling is denoted by Co and is the loss incurred by a firm for each unsold unit at the end of the selling season

Indicate whether the statement is true or false.

Business