In the Zion Temple First Pentecostal Church of Cincinnati, Ohio, Inc v. Brighter Day Bookstore & Gifts case, the court found that, because of an error in the company's catalog, there was no right to cure a nonconformity with the sleeves of the choir robes delivered to Zion

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


False

Business

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Shake-out is a type of life cycle growth stage marked by a very rapid increase in sales in a relatively short time.

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

Business

Which MRP lot-sizing technique should be considered to be the goal (i.e., the technique of choice under ideal conditions)?

A) Wagner-Whitin B) EOQ C) lot-for-lot D) POQ E) Silver-Meal

Business

Audit procedures used in the observation of a client's physical inventory count are designed primarily to ________.

A) determine whether inventory contains obsolete goods B) test and observe the client's physical count of inventory C) independently verify the physical counts recorded by the client D) assist the client in taking test counts of year-end inventory

Business

Manufacturing overhead was estimated to be $200,000 for the year along with 20,000 direct labor hours. Actual manufacturing overhead was $215,000, and actual labor hours were 21,000. To dispose of the balance in the Manufacturing Overhead account, which of the following would be correct?

A. Cost of Goods Sold would be credited for $5,000. B. Cost of Goods Sold would be debited for $5,000. C. Cost of Goods Sold would be debited for $15,000. D. Cost of Goods Sold would be credited for $15,000.

Business