The offer must be communicated to the offeree for the offer to be effective

Indicate whether the statement is true or false


TRUE

Business

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The buyer must include goods purchased FOB shipping point in its inventory account if the goods are still in transit

a. True b. False Indicate whether the statement is true or false

Business

Describe the flow of product costs for a manufacturer.

What will be an ideal response?

Business

The Consumer Product Safety Commission is empowered to conduct research on the safety of

consumer products. Indicate whether the statement is true or false

Business

The Academic Computing Center has five trainers available in its computer labs to provide training sessions to students

Assume that the design capacity of the system is 1900 students per semester and that effective capacity equals 90% of design capacity. If the number of students who actually got their orientation session is 1500, what is the efficiency of the system? A) 1350 students B) 1710 students C) 78.9% D) 87.7% E) 90%

Business