A __________ is the right, conferred by a written contract, to purchase property on the same terms offered by or to a third party

a. letter of agreement
b. letter of intent
c. right of first refusal
d. right of first negotiation


c

Business

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Toyota and Honda are two examples of companies that exhibit key characteristics of transnationality

Indicate whether the statement is true or false

Business

When certain customers made cash payments to reduce their accounts receivable, the bookkeeper embezzled the cash and wrote off the accounts as uncollectible. Which control procedure would most likely prevent this irregularity?

a. segregation of duties b. accounting records c. accounting system d. access controls

Business

Internal fit, when concerning product design, involves?

a. Condition of the market b. Desires of customers c. Operational capabilities/policies of the firm d. Pricing strategies

Business

Which of the following is appropriate for a graphic that complements text?

A) Sectional cutaway views. B) Clip art. C) Line drawing. D) Exploded views. E) All of the above.

Business