Regular contact with news media is required if publicity programs are to be effective.
Answer the following statement true (T) or false (F)
True
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The activity driver for the shipping activity is the number of orders shipped. Product A uses 20 orders, and Product B uses 60 orders. Calculate the consumption ratios for each product
A) 0.3; 0.7 B) 0.625; 0.375 C) 0.25; 0.75 D) 0.215; 0.785
Lionel Richmond is a soccer player who has a six-year contract with the Christshire United soccer team. Two years into the contract, he meets with an accident which results in the complete amputation of his right leg
On what basis is Richmond discharged from further performance of the contract? A) novation B) substituted contract C) accord and satisfaction D) discharge by impossibility
A narrow scope strategy offers a small product range to a small number of customer groups.
Answer the following statement true (T) or false (F)
Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $78,000 and $4200, respectively. During Year 2, Allegheny wrote off $7800 of Uncollectible Accounts. Using the percent of receivables method, Allegheny estimates that the ending Allowance for Doubtful Accounts balance should be $6400. What amount will Allegheny report as Uncollectible Accounts Expense on its Year 2 income statement?
A. $7800 B. $2200 C. $6400 D. $10,000