There are eight critical supply chain processes.
Answer the following statement true (T) or false (F)
True
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Port, Inc paid a cash dividend on January 2 that had been declared prior to the end of its fiscal year. The entry to pay the dividend will
a. increase Cash and increase Cash Dividend Payable. b. decrease Cash Dividend Payable and decrease Cash. c. decrease Retained Earnings and increase Cash Dividend Payable. d. decrease Cash Dividend Payable and increase Retained Earnings.
Firms that develop such close relationships with customers that they seem to deliver customized goods and services are engaged in ________ marketing.
A. shotgun marketing B. one-to-one marketing C. concentrated target marketing D. undifferentiated marketing E. differentiated marketing
An insolvent person is legally bankrupt
Indicate whether the statement is true or false
Which of the following is an example of an exculpatory clause?
A) Creditor charges 38% interest on a loan B) Seller is not responsible for property damage regardless of the cause of the injury C) Buyer agrees to pay any costs of litigation D) Employee agrees to never work for a competing company