A contract that cannot, by its own terms, be performed within one year from the day after the contract is formeddoes not need to be in writing to be enforceable under the Statute of Frauds

Indicate whether the statement is true or false


F

Business

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A customer service person comes 3 hours late to service your computer. Which of the following gaps best describe this situation?

A) the gap between customers' expectations and management perceptions B) the gap between management's perception and service quality specifications C) the gap between service quality specifications and service delivery D) the gap between service delivery and external communications

Business

Which of the following statements regarding receivables is correct?

A) Each receivable transaction involves three parties. B) Receivables occur when a business loans money to another party. C) A receivable occurs when a business makes a cash sale of goods or services to another party. D) A receivable is the right to pay cash in the future from a current receivable transaction.

Business

Use this information to answer the following question. The following totals for the month of September were taken from the payroll register of Meadors Company: Salaries expense $24,000 Social security and Medicare taxes withheld 1,100 Income taxes withheld 5,000 Medical insurance deductions 500 Life insurance deductions 400 Salaries subject to federal and state unemployment taxes of 6.2 percent

8,000 The entry to record the accrual of federal unemployment tax (assume FUTA tax of 0.8 percent) would include a A) credit to Federal Unemployment Tax Payable for $64. B) debit to Federal Unemployment Tax Payable for $64. C) debit to FUTA Tax Expense for $64. D) credit to Payroll Taxes and Benefits Expense for $64.

Business

Information collected through CRM is stored in a ________

A) customer database B) data mine C) marketing mix D) loyalty program E) balance sheet

Business