If a company is in a region in which floods or earthquakes are deemed to be possible, the company should record a contingent liability.

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


False

All businesses face uncertainties such as competition and damage from floods or storms. Such uncertainties are not contingent liabilities, however, because they do not arise from past events.

Business

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Agile manufacturing is ______.

A. the ability of an organization to respond quickly to market changes to produce high-quality products at a reasonable cost B. the ability of an organization to produce high-quality products while avoiding waste C. the ability of an organization to respond quickly to customer demands while avoiding defects in production D. the ability of an organization to produce high-quality products using automated processes and without using any human intervention

Business

Another name for a social loafer is a(n) ______.

a. free loader b. duty dodger c. social member d. disengaged distractor

Business

A carpenter often works long hours, and they also have to work in all kinds of weather

a. correct sentence b. pronoun agreement error c. parallelism error

Business

The Clayton Act prohibits anti-competitive mergers

a. True b. False Indicate whether the statement is true or false

Business