The firm offer rule allows the offeror to revoke an offer at any point of time prior to its acceptance
Indicate whether the statement is true or false
FALSE
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The entry to record a purchase of $12,000 in merchandise assuming terms of 2/10, n/30 and a periodic inventory system would include a(n)
A) increase to Accounts Payable for $12,000. B) increase to Purchases Discounts for $240. C) decrease to Purchases for $12,000. D) decrease to Accounts Payable for $11,760.
Duran went to the same college as his manager. The two often speak of the college’s sports and traditions together. Although Duran is a below average performer, his manager gives him an average rating on his performance appraisals. It is likely his manager is making a(n) ______ error.
A. contrast B. attribution C. similarity D. recency
According to the Dodd-Frank legislation, Federal Deposit Insurance Corporation-insured institutions are allowed to have only ________ percent of their capital invested in hedge funds and private equity funds
A) 2 B) 3 C) 4 D) 5
Renata needs to fill a position in her department. Her goal is to promote from within, and she wants to identify an employee whose actual performance is exemplary and who also exhibits the characteristics that show strong potential and indicate that this position would be a good fit. What tool should she use?
A. Glass ceiling audit B. Replacement chart C. Nine-box grid D. Interest inventory