The market forecast shows expected market demand, not maximum market demand

Indicate whether the statement is true or false


TRUE

Business

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Typically, formal adjusting entries

a. are prepared prior to completion of the work sheet. b. are prepared at the same time as closing entries. c. need not be prepared if a work sheet has been completed. d. are entered directly into the ledger.

Business

VALS groups of consumers who are motivated by ________ are those who desire social or physical activity, variety, and risk.

A. success B. self-expression C. rewards D. ideals E. achievement

Business

On which of the five major social media platforms do customers average the LEAST time per day?

A. Facebook B. LinkedIn C. Pinterest D. Instagram E. Twitter

Business

A baseball team ordered 500 wooden baseball bats from Bats, Inc., for delivery on June 1. On May 15, the ball team received 500 aluminum bats instead of the wooden ones. As of May 16, Bats, Inc.

A. may cure before June 1. B. has breached the contract and is liable for damages. C. has breached the contract only if the baseball team rejects the goods. D. may cure if the baseball team gives Bats, Inc. permission to do so.

Business