What is the purpose of a choice of forum clause in an international contract?
A) To determine which nation's law will apply in settling disputes that arise under the
contract
B) To give the parties a choice of nations in which to bring a lawsuit under the contract
C) To determine who will choose the location of any lawsuit which is brought under the
contract
D) To determine in advance where any lawsuits under the contract will be brought
D
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Tomás, a sales associate in the furniture department of the Larkspur Department Store, reports to Carolina, the furniture department manager. This morning, Carolina asked Tomás to change the price tags on the desk chairs. While working on this task, David, the computer department manager, told Tomás that he wanted him to unload some computers. Tomás is confused about what to do because under the principle of unity of command,
A. employees should report to no more than one manager. B. Tomás will need to determine how he can multitask. C. employees can report to two managers, so Tomás needs to decide whose directions to follow. D. Tomás can refuse to do both tasks. E. Tomás needs to decide which manager has more power.
An input control that tests time card records to verify than no employee has worked more 50 hours in a pay period is an example of a range test
Indicate whether the statement is true or false
In its first year of business, Borden Corporation had sales of $2,200,000 and cost of goods sold of $1,300,000. Borden expects returns in the following year to equal 6% of sales. The adjusting entry or entries to record the expected sales returns is (are):
A.
| Sales Refund Payable | 132,000? | |
| Accounts receivable | 132,000? |
B.
| Sales Returns and Allowances | 132,000? | |
| Sales Refund Payable | 132,000? | |
| Inventory Returns Estimated | 78,000? | |
| Cost of goods sold | 78,000? |
C.
| Accounts Receivable | 2,200,000? | |
| Sales | 2,200,000? |
D.
| Sales | 2,200,000? | |
| Sales Refund Payable | 132,000? | |
| Accounts receivable | 2,068,000? |
E.
| Sales returns and allowances | 132,000? | |
| Sales | 132,000? | |
| Cost of Goods Sold | 78,000? | |
| Inventory Returns Estimated | 78,000? |
Too much cooperation within a group can cause problems because:
a. It reduces cohesion. b. It can cause group members to put task success ahead of social relations. c. It can reduce the likelihood of the Abiline Paradox. d. It can lead to unhealthy agreement among group members.