Which of the following statements best describes a guaranteed reservation?
A) A reservation is made by your travel agent, so it is guaranteed.
B) Hotels require a deposit when you reserve a room, and a credit card guarantees the
reservation.
C) You make a hotel reservation for your manager, so it is guaranteed.
D) A hotel reservation guaranteed by a credit card ensures room availability.
B
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When you first meet the interviewer,
A) Sit down. B) Greet the interviewer by name, offer a firm handshake, maintain eye contact, and smile. C) Give the interviewer your résumé and cover letter. D) Ask for coffee.
Courts may award damages called quantum meruit, which means
A)"as much as he deserves." B)"to the letter of the law." C)"let the buyer beware." D)"something for something."
The Miller Company earned $125,000 of revenue on account during Year 1. There was no beginning balance in the accounts receivable and allowance accounts. During Year 1, Miller collected $83,000 of cash from its receivables accounts. The company estimates that it will be unable to collect 3% of its sales on account.What is the net realizable value of Miller's receivables at the end of Year 1?
A. $42,000 B. $45,750 C. $39,510 D. $38,250
Gil and Hera are employees of IT Solutions Inc. Under the Equal Pay Act, IT Solutions can legitimately pay different wages to male and female employees on the basis of
A. merit. B. marital status. C. similar work at the same facility. D. gender.