Alicia and Ted have a written agreement wherein they will share the losses of their joint business. This agreement is strong evidence they are partners

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Identify the correct statement regarding e-HRM.

A. E-HRM is less economical than traditional HR systems. B. The number of organizations actively engaged in e-HRM is steadily decreasing. C. E-HRM has adversely affected employee manageability. D. A major drawback of e-HRM is that employees cannot help themselves to the information they need when they need it. E. Most administrative and information-gathering HRM activities can be part of e-HRM.

Business

If fixed costs are $300,000, the unit selling price is $31, and the unit variable costs are $22, what is the break-even sales (units) if fixed costs are reduced by $30,000?

A) 30,000 units B) 8,710 units C) 12,273 units D) 20,000 units

Business

The journal entry a company uses to record pension rights that have not been funded for its salaried employees, at the end of the year is

A) debit Salary Expense; credit Cash B) debit Pension Expense; credit Unfunded Pension Liability C) debit Pension Expense; credit Unfunded Pension Liability and Cash D) debit Pension Expense; credit Cash

Business

A typical restaurant employs a ______ strategy by preparing meals only after the customer places an order, thereby matching actual production with customer demand.

A. dual B. product C. chase D. mixed

Business