When an appropriation of retained earnings is made, total retained earnings does not change
Indicate whether the statement is true or false
T
You might also like to view...
Maury Slater and Harry Katz operate a clothing store, Maury's Fifth Avenue, as a partnership. They agree that Maury will concentrate on sales and Harry will deal with the wholesalers
Harry tells all his suppliers not to listen to Maury if he should call. While Harry is in Florida for a two week vacation and Maury is minding the store, Joe Feller, the sales representative for Regency Clothes, one of their major suppliers, pays a visit. He leaves with an order for 200 suites, when Harry returns, he tells Joe he won't pay for them. Can Regency sue Fifth Avenue? A) Yes. The indoor management rule applies. B) Yes. Maury had apparent authority to place orders for the partnership C) No. Regency was aware that Maury did not have authority to make orders. D) No. The indoor management rule applies only to corporations. E) Both A and B
Which of the international operations strategies uses the existing domestic model globally?
A) international strategy B) global strategy C) transnational strategy D) multidomestic strategy E) worldwide strategy
Elmo pays First National Bank $1,000 plus a service fee to draw a check on itself made payable to Go Delivery Service. This is
A. a cashier's check. B. a certified check. C. a trade acceptance. D. a traveler's check.
Which of the following is a decision-making approach used when the decision maker is optimistic about the future events and their outcomes, identifies the maximum payoff associated with each decision, and chooses the maximum of the maximum payoffs?
A. maximax criterion B. Laplace criterion C. maximin criterion D. minimax regret criterion