A customer is an example of an internal entity.

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


False

Business

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Under the periodic inventory system

A) the cost of each item is recorded in the Merchandise Inventory account when it is purchased. B) when an inventory item is sold, its cost is transaferred to the Cost of Goods Sold account. C) the balance of the Merchandise Inventory account equals the cost of goods on hand. D) the balance of the Merchandise Inventory account is only accurate on the balance sheet date.

Business

The fair use doctrine for copyrights allows certain limited unauthorized use of copyrighted materials

Indicate whether the statement is true or false

Business

Cindy was riding her bicycle on a paved bike path and had an accident with another cyclist

Cindy's $1,000 bicycle was destroyed in the accident. If the jury determined that Cindy was 60 percent at fault and the other cyclist 40 percent at fault, under which doctrines would Cindy be entitled to recover $400 from the other cyclist? A) Pure comparative negligence only B) Contributory negligence only C) Partial comparative negligence only D) Either form of comparative negligence, but not under contributory negligence E) Either form of comparative negligence as well as under contributory negligence

Business

Activities following a node

a. can begin as soon as any activity preceding the node has been completed. b. have an earliest start time equal to the largest of the earliest finish times for all activities entering the node. c. have a latest start time equal to the largest of the earliest finish times for all activities entering the node. d. None of these are correct.

Business