The market value of equipment owned by a company is a sunk cost and should not be taken into account in deciding whether or not to replace the equipment.
Answer the following statement true (T) or false (F)
False
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Which global marketing expert recommends an organization design based on a "global superstructure" that views the world in terms of 30 regions?
A) Paul Krugman B) Kenichi Ohmae C) Tom Peters D) Michael Porter E) Kazuo Inamori
A virtual private network:
a. is a password-controlled network for private users rather than the general public. b. is a private network within a public network. c. is an Internet facility that links user sites locally and around the world. d. defines the path to a facility or file on the web. e. none of the above is true.
Backflush costing eliminates the use of a Work in process account
Indicate whether the statement is true or false
Mrs. O'Leary hired Jenna to sell her house in Michigan. She executed a power of attorney in favor of Jenna authorizing her to do "anything and everything associated with the sale of real estate, acting as a prudent person." On May 30, Jenna finalized a deal with Brandon for the purchase of the house. Brandon and Jenna signed the real estate contract that day. Jenna learned the next day that Mrs
O'Leary had died May 29. a. The contract is void since the agency terminated May 29. b. The contract is valid since the agency's purpose was achieved before Jenna was notified of Mrs. O'Leary's death. c. The contract is voidable at the option of Mrs. O'Leary's estate. d. The contract is voidable at the option of Brandon.