Projected financial statements are the final product of the budgeting process

Indicate whether the statement is true or false


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Business

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Anna has a contract to perform accounting services for Intercend Corporation. She breaches her contract in a nonmaterial way. Which of the following is correct with respect to Anna's liability?

a. Anna is not entitled to any compensation for her services. b. Anna does not have liability to third party intended beneficiaries. c. Anna is entitled to the contractually agreed upon fee less any damages or loss her breach has caused her clients. d. Anna will get full compensation only after she corrects the breach.

Business

Under US law, third parties may not sue the principal for the actions of his agent

Indicate whether the statement is true or false

Business

The proper use and control of credit is the best way to build a good credit history

Indicate whether the statement is true or false.

Business

Rhode Island is unique in that it allows its state judges to:

a. be married b. speak out against the President c. serve for life d. serve for more than 5 years e. be reelected twice

Business