A remittance advice accompanies a check sent to a vendor or the vendor's bank

Indicate whether the statement is true or false


True

Business

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

1. Drop shippers physically deliver products directly to customers but offer limited services and require cash payments. 2. A sales branch is a manufacturer-owned wholesaler and is basically a sales force owned by the manufacturer. 3. Agents and brokers are actually wholesalers who do not take title to the products outright. 4. Retailers sell products to wholesalers. 5. Discount stores offer a wide assortment of products but keep services to a minimum.

Business

A discovery referee to decide disputed pretrial mattersin a civil action is paid by the court and not the parties

a. True b. False

Business

What is the long-term impact of unethical business practices on product and service quality?

What will be an ideal response?

Business

A residual dividend policy is one in which

A) leftover funds are paid out to stockholders as dividends after all other capital requirements are met. B) a conservative dividend payment is made each period to stockholders. C) no dividends are paid to stockholders because they will reap their benefits when the firm ceases operations. D) bondholders receive extra cash flows when available after paying dividends to shareholders.

Business