Nancy has 500 fliers to hand out at a local mall. If she gives out 260 fliers, what percent did she hand out?
52%
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Which of the following is not true? Firms recognize revenue
a. when they have completed an earnings process or performed most or all of their obligations to customers, usually the delivery of a product or service. b. when they have received cash. c. using the percentage-of-completion method when the firms sell products under long-term contracts, such as construction companies. d. using the completed contract method [U.S. GAAP, only] when firms cannot reasonably estimate revenues and costs. e. using a variant of the cost-recovery method [IFRS, only] when firms cannot reasonably estimate revenues and costs.
Mass customization
A. typically requires the company to reconceptualize the design of its products as well as the design and integration of the processes used for producing and delivering the product to customers. B. is usually appropriate in situations where there is the limited potential for differentiating a product for a particular customer. C. refers to a company's use of standardized production systems to produce and deliver products and services. D. is also known as lean production.
Companies have tried to challenge corporate campaigns by charging unions with blackmail, extortion, and other illegal interference in business relations, primarily under the same law used to prosecute the mafia, the _______________________________ Act.
Fill in the blank(s) with the appropriate word(s).
The basic concept that both parties to a contract should have agreed to the same terms is referred
to as: A) Co-agreement. B) Mutual assent. C) Bilateral agreement. D) Common intent.