Firms develop a reputation for reliability by establishing effective inventory management policies, performing accurate sales forecasts, and maintaining effective transportation and distribution operations.
Answer the following statement true (T) or false (F)
True
Reliability involves ensuring that customers can depend on receiving a good or service within a stated lead time and that there will be no problems with the order.
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Posting from the combination journal to the general ledger must be done at the end of the month only
a. True b. False Indicate whether the statement is true or false
In the Exempt Model, the earnings are excluded from explicit taxation.
Answer the following statement true (T) or false (F)
XYZ Insurance Company expects $500,000 in claims and loss adjustment expenses for each 1,000 properties that it insures in a certain category of business insurance. What pure premium should XYZ charge for each property insured?
A) $69.99 B) $166.67 C) $350.00 D) $500.00
Omar and Penn agree to develop a certain area of real estate. Environmental concerns force them to change their plans. The best method for Omar and Penn to discharge their contract by executing a new agreement with different performance is A) an agreement to rescind
B) an accord and satisfaction. C) a novation. D) an alteration of the original contract.