A contract made by an incompetent person after a guardian has been appointed is voidable
Indicate whether the statement is true or false
False
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The term LIFO reserve refers to
A) a cost flow assumption for valuing inventory B) a special fund set aside to cover LIFO liquidation C) inventory pools used in the dollar-value LIFO method D) any difference between the ending inventory amount under LIFO and the ending inventory amount under FIFO or average cost
Implementing a target-audience orientation within an organization usually involves
a. diffusing responsibility to the functional units b. effective plans and planning system support c. trying to reduce the impact of drastic change d. A vice president of marketing to be the organization's highest marketing executive and is responsible for creating the climate for marketing e. better pay and rewards for all employees
A mobile office in which people can work anywhere, including their home, car, airport, or customers' offices, as long as they have the tools to communicate with customers and colleagues, is known as a(n) ________ office.
A) corporate B) informal C) virtual D) contingency E) second life
It is less expensive to sell a product to a new customer than to an existing customer
Indicate whether the statement is true or false