The code that was designed to promote uniformity of the laws relating to commercial sales of goods is known as:
a. the Ultimate Commercial Code b. the Universal Commercial Code
c. the Commercial Code of the United States of America d. the Commercial Code
e. none of the other choices are correct
e
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Subsequent events are those that occur after the balance sheet date, but before the statements are issued
Indicate whether the statement is true or false
Which of the following is NOT one of the steps in managing customers as partial employees?
a. Maintain a list of prospective customer "resumes." b. Conduct a "job analysis" of customers' present roles in the business. c. Proper education and training to ensure that customers are aware of how they are expected to perform. d. Motivate customers by ensuring that they will be rewarded for performing well. e. Regularly appraise customer performance.
Which of the following financing activities results in a cash inflow?
A) Buying treasury stock B) Issuing bonds C) Repaying a bank loan D) Paying cash dividends
The production department started the month with a beginning goods in process inventory of $20,000. During the month, it was assigned the following costs:
a. $330,000. b. $ 17,000. c. $220,000 d. $112,000. e. $118,000.