The power to regulate interstate commerce lies exclusively with the federal government.

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


False

Business

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The work sheet for a merchandising business would not include

a. Cost of Goods Sold; b. a net income or net loss amount; c. a closing entry; d. Purchases; e. an adjustment to Income Summary.

Business

Christy purchases supplies worth $1,000 from a local vendor. The supplies are delivered on March 29, 2019. The supplies are fully used up by year end. Because of unusual circumstances, a bill for the supplies arrives from the vendor on January 10, 2020 and is promptly paid. When can Christy deduct the expenses? I.In 2019, if she is an accrual basis taxpayerII.In 2020, if she is a cash basis taxpayer?

A. Only statement I is correct. B. Only statement II is correct. C. Both statements are correct. D. Neither statement is correct.

Business

Briefly describe the purpose and origins of the CPM and PERT project management techniques.

What will be an ideal response?

Business

As the level of service improves, the cost of service decreases

Indicate whether this statement is true or false.

Business