Bella is considering the possibility of becoming a surety to Carl on a debt by David, but she would like more information on the relationship between Carl and David concerning the transaction. If Bella requests such information from Carl, he must disclose it, because his failure to disclose material facts will constitute fraud
Indicate whether the statement is true or false
True
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The purchase of new equipment with a note payable is included on the statement of cash flows as a(n)
a. operating activity; b. investing activity; c. financing activity; d. schedule of noncash investing and financing activities; e. schedule of cash investing and financing activities
Capital goods such as large or expensive machines, mainframe computers, blast furnaces, generators, airplanes, and buildings are referred to as__________
Fill in the blanks with correct word.
Which of the following statements is false about global demand volatility?
a. When a company cancels its order during periods of demand downturn, the suppliers are left with inventories for which demand no longer exists. b. When the company increases its order during periods of demand upswings, it takes a long time to get the goods through the supply chain due to longer lead times. c. When demand for a product softens, companies can easily cancel orders with distant suppliers as compared to local suppliers. d. When demand for a product increases, companies can place new orders with local suppliers with more assurance that it will be delivered on time.
Of the four major activities in scenario planning, which involves group members gathering quantitative data about facts and trends as well as qualitative data about views of the future from organizational members?
a. Getting started b. Laying the environmental-analysis foundation c. Creating the scenarios d. Moving from scenarios to a decision