An advertiser must have documented proof of any claims made in an advertisement

Indicate whether the statement is true or false


TRUE

Business

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Assume that the custodian of a $585.00 petty cash fund has $107.50 in coins and currency plus $463.50 in receipts at the end of the month. The entry to replenish the petty cash fund will include:

A. A debit to Petty Cash for $463.50. B. A credit to Cash Over and Short for $477.50. C. A debit to Cash for $449.5. D. A debit to Cash Over and Short for $14.00. E. A credit to Cash for $463.50.

Business

A service blueprint is a flowchart of a service process that shows which of its steps has high customer contact

Indicate whether the statement is true or false

Business

Magnus, an industrial engineer in a garment manufacturing company, introduced small procedures to detect errors in the production process. These procedures help workers spot mistakes in the garments before they are moved to the next stage. In the given scenario, Magnus most likely introduced _____.

A. green practices B. artifacts C. poka-yokes D. the Kaizen system

Business

A taxpayer generally includes in gross income the amount of debt forgiven by a lender.

Answer the following statement true (T) or false (F)

Business