Project management is an example of a non-traditional ERP module now being offered by some vendors
Indicate whether the statement is true or false
TRUE
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Which of the following statements is true of privity of contract?
A. In most cases, the manufacturer does not have control over the condition of the product when it reaches the buyer's hands and should not be held liable for any defects in it. B. In most states, the buyer is permitted to sue both the retailer and the manufacturer in the same suit. C. In the past, a person was not required to be in privity of contract to enforce the contract. D. In the past, courts allowed an injured purchaser to recover directly from the manufacturer of the goods.
Which of the following is an unrealized decrease in net worth?
a. Salaries b. Change in current value of securities c. Personal expenditures d. Dividends
You have an insurable interest in an event if
A) it is the result of accidental circumstances. B) it has a potentially negative impact on your wealth. C) you have no financial interest in the outcome. D) it the result of predetermined actions.
The declaration of cash dividends increases retained earnings.
Answer the following statement true (T) or false (F)