Pipes & Culverts Company orders six irrigation pumps from Quality Plumbing, Inc The pumps are stored in Restorers Warehouse. Under the terms of the order, Quality must give Pipes & Culverts a warehouse receipt for the goods, which the buyer will then pick up. Title to the goods passes to Pipes & Culverts when?
A)?Quality stores the drives

B)?Pipes & Culverts orders the drives.
C)?Pipes & Culverts picks up the drives.
D)?Quality gives Pipes & Culverts a warehouse receipt for the drives.


D

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It is recommended that at least ________ focus groups be conducted

A) two B) three C) four D) five

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Which of the following can be used to show leadership skills and work habits when a college graduate has limited work experience?

A) Academic awards B) Classes taken C) Presentations given D) High school achievements and awards E) Offices held in clubs or professional organizations, including volunteer work c

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The needs of the prospect have to be confirmed during the approach itself.

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

Business

During August, Boxer Company sells $354,000 in merchandise that has a one year warranty. Experience shows that warranty expenses average about 5% of the selling price. The warranty liability account has a credit balance of $11,600 before adjustment. Customers returned merchandise for warranty repairs during the month that used $8200 in parts for repairs. The entry to record the estimated warranty expense for the month is:

A. Debit Estimated Warranty Liability $17,700; credit Warranty Expense $17,700. B. Debit Warranty Expense $6100; credit Estimated Warranty Liability $6100. C. Debit Warranty Expense $14,300; credit Estimated Warranty Liability $14,300. D. Debit Estimated Warranty Liability $8200; credit Warranty Expense $8200. E. Debit Warranty Expense $17,700; credit Estimated Warranty Liability $17,700.

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