If a buyer wrongfully refuses to accept goods, the seller can bring an action to recover the damages sustained

Indicate whether the statement is true or false


T

Business

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When the information is reported in statements that are useful for persons or institutions who are "outside" or external to the organization, the branch of accounting this falls under is ________

a. managerial b. nonprofit c. governmental d. financial

Business

Change agents should approach change with which of the following attitudes?

a. Work to acquire necessary authority before attempting change b. Continue with a change project only when management’s approval has been obtained c. Understanding the concrete lines of systems boundaries d. Test the limits of their empowerment

Business

Which of the following is the best advice when presenting the reasons for the bad news?

A) Whenever possible, cite company policy as the reason for the bad news because most people willingly accept this reason. B) Do not present the reasons for the bad news; instead, focus solely on presenting the bad news sensitively. C) Use words such as impossible, regret, and unfortunately to make your point clear. D) Cite reader or other benefits if plausible.

Business

Lisa goes to the local appliance store and buys an oven on credit. The store extends her credit. The store's security interest in the oven perfects when:

a. Lisa completes the financing statement and leaves with the oven b. the store files the financing statement with the Secretary of State c. the store posts notice of Lisa's security interest in the newspaper d. the store posts notice of its security interest e. the store notifies consumer credit agencies of the existence of the security interest

Business