The first affirmative action programs were initiated to correct the past exclusion of women and minorities from the business world.

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


True

To correct the past exclusion of women and minorities, companies introduced affirmative action.

Business

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Assets purchased under a deferred payment plan should be recorded at the future value of the installment payments

Indicate whether the statement is true or false

Business

A company purchased $1,800 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $200 worth of merchandise. On July 28, it paid the full amount due. The amount of the cash paid on July 28 equals:

A. $1,600. B. $1,800. C. $1,564. D. $1,568. E. $200.

Business

Source documents include:

a. Invoices. b. Receipts. c. Checks. d. All items listed above are source documents.

Business

Richard’s company was recently purchased by a big conglomerate. Everyone in the office was on board with this news except for Abigail. Richard told Abigail that if she did not agree to the new merger then he was going to demote her once the process was over. Richard has used which form of reducing resistance to change?

a. Negotiation b. Participation c. Coercion d. Manipulation

Business