Tariffs imposed by a foreign government are an example of
A) Exchange rate risk
B) Foreign risk
C) Policy risk
D) Political risk
D
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Getting their message out is the primary objective of companies that use social media effectively
Indicate whether the statement is true or false
[The following information applies to the questions displayed below.]On January 1, Year 2 Grande Company had a $16,000 balance in the Accounts Receivable account and a zero balance in the Allowance for Doubtful Accounts account. During Year 2, Grande provided $104,000 of service on account. The company collected $97,000 cash from accounts receivable. Uncollectible accounts are estimated to be 2% of sales on account.What is the amount of uncollectible accounts expense recognized on the Year 2 income statement?
A. $2,080 B. $320 C. $1,000 D. $1,940
The Age Discrimination in Employment Act prohibits discrimination based on age against those over age 30
Indicate whether the statement is true or false
Johann, a well-known musician, agrees to give ten guitar lessons to Elton for $2,000. Nothing in the contract itself prohibits a delegation. If Johann delegates his obligation to Eugene, a second-year musical student and enthusiastic guitar player, then the delegation will probably be A) permitted because contracts may be freely delegated
B) permitted because the contract is just for music lessons. C) prohibited because the contract is for service from a specific person. D) prohibited by the UCC because this is a sale of services.