A financial plan is only concerned with your future earnings and expenses. An examination of your current financial situation is not so important

Indicate whether this statement is true or false.


Answer: FALSE

Business

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Advertisements that say "please allow 4 to 6 weeks for delivery" sound antiquated to customers who want it now!

Indicate whether the statement is true or false

Business

If you are just graduating from college and have limited professional experience,

A) a traditional chronological résumé is your only option. B) a functional résumé is your only option. C) your chronological résumé should probably list educational qualifications before listing experience. D) your résumé can be written in a casual, informal tone. E) avoid mentioning volunteer work.

Business

A company purchased mining property for $1,837,500 containing an estimated 7,350,000 tons of ore. When mining is complete, the property will have no salvage value. In Year 1, it mined and sold 857,000 tons of ore. Calculate the depletion expense for Year 1 and prepare the journal entry to record the depletion.

What will be an ideal response?

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Which of the following statements is true of mitigation of damages?

A) The breaching party must make efforts to mitigate damages resulting from the breach of contract. B) If an employer breaches an employment contract, he or she owes a duty to mitigate damages by trying to find substitute employment for the employee. C) The extent of mitigation of damages required is common to all kinds of contracts. D) If an employer breaches a contract, the employee is only required to accept comparable employment.

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