A fall in consumer demand for a product is likely to result in increased buying from suppliers as consumer goods producers replenish depleted inventories and gear up for the next surge in consumer demand.

Answer the following statement true (T) or false (F)


False

Business

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Shankar purchased a new car from Friendly Fred's Autos. Fred indorsed the check to Maya for value. Maya presented the check to the bank, and the bank cashed the check. Later, Shankar attempted to place a stop-payment order on the check, because the car he purchased from Fred was defective. Under these circumstances, ________.

A. the bank is liable to Shankar for paying the amount of the check to Maya B. Shankar would not be able to have his account recredited C. Shankar can prove that he has sustained a loss D. Maya must return the funds to the bank

Business

A brief glimpse of the latest LG phone on the television series Modern Family is an example of an advertainment

Indicate whether the statement is true or false

Business

A static simulation model represents the system over a period of time

a. True b. False

Business

Which organization provides guidelines for ethical conduct for the accounting profession?

A) AICPA B) SEC C) GAAP D) FASB E) CMA

Business