The order entry/sales (OE/S) process includes the first four steps in the order-to-cash process: presales activities; sales order processing; picking and packing the goods; and shipping.
Answer the following statement true (T) or false (F)
True
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Which one of the following subsequent events will least likely result in an adjustment to the financial statements?
a. Material change in the amount of settlement of a lawsuit which had been estimated at year end. b. Bankruptcy of a customer who owes your client a material amount on open account at year end for which there is an inadequate allowance estimate. c. Sale of a large block of inventory at a price materially below carrying value. d. Signing of a letter-of-intent by the client to acquire 55% of another entity for stock.
Insureds who want to increase their liability coverage beyond the original coverage can purchase a(n) ________
A) umbrella insurance B) life insurance C) business insurance D) fire and homeowners' insurance
An effective persuasive appeal should include a central selling point that is woven throughout the entire message
Indicate whether the statement is true or false
Why does the employer fill out an IRS form 940 every year?
a. to report income taxes withheld from employee wages b. to report federal unemployment tax c. to report the number of employees from their company who have filed for unemployment d. to report the number of employees who filed a workers’ compensation claim