Which of the following statements best describes a several contract??
A) It is a contract entitling two individuals together for performance
B) It is a contract where two or more people individually agree to perform an obligation.
C) It is a contract in which express words cannot be used to show that the contract is intended.
D) It is a contract in which individual agreements are contained in separate documents.
B
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Which of the following is a required disclosure by a lessee for both capital leases and operating lease?
A) rental expense for each period B) lease assets, accumulated amortization, amortization expense, and liabilities C) amount of imputed interest required to reduce the net minimum payments to present value D) dividend and debt restrictions imposed by lease agreements
A ________ is the collection of all products and services offered by a company
A) product portfolio B) brand line C) consumer mix D) product line E) line extension
Sales discounts and allowances include:
a. allowances for unsatisfactory merchandise. b. discounts for prompt payment. c. allowances for satisfactory merchandise. d. interest charges for late payment. e. choices a and b.
The Aston researchers identified five variables drawn from Max Weber’s initial list of fifteen: __________ refers to the extent to which the organization ensures that decision-making is referred to the apex of the organization, or distributed across lower levels.
a. Specialization b. Formalization c. Configuration d. Centralization