Goods that are already in existence but which are to be sold at a future date are known as future goods

Indicate whether the statement is true or false


FALSE

Business

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Which of the following is the correct date format for the financial statement heading?

a. Balance sheet for the year ended June 30, 2015 b. Income statement at December 31, 2015 c. Balance sheet at December 31, 2015 d. Statement of retained earnings at December 31, 2015

Business

Juniper Company uses a perpetual inventory system and the gross method of accounting for purchases. The company purchased $9,750 of merchandise on August 7 with terms 1/10, n/30. On August 11, it returned $1,500 worth of merchandise. On August 16, it paid the full amount due. The amount of the cash paid on August 16 equals:

A. $8,250.00. B. $8,152.50. C. $9,652.50. D. $8,167.50. E. $9,750.00.

Business

What prerequisites must be met in order for a paralegal to have a certification designation, under the auspices of either the NFPA or NALA?

What will be an ideal response?

Business

The transactional factors in the Burke Litwin causal model organization and change are ______.

A. systems, including policies and procedures B. external environment C. organization culture D. leadership

Business