Medium service desks typically take on the characteristics of large service desks.
Answer the following statement true (T) or false (F)
False
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The effective interest rate method of amortization amortizes the discount or premium in a manner that produces a constant amount of interest expense from period to period
a. True b. False Indicate whether the statement is true or false
In which of the following cases of assent is the rescission of a contract unenforceable?
A) mutual mistake of value B) misrepresentation of a material fact C) silence as misrepresentation D) innocent misrepresentation
If there is an anticipatory repudiation of a contract for the sale of goods, the non-breaching party
may choose whether to await performance or treat the contract as breached at the time of the repudiation. Indicate whether the statement is true or false
Scenario A: The Ascent, a mountain bicycle manufacturer, has been in the bicycle industry for a year now. The CEO wishes to better the company. He starts by looking at the sales records of the year that they have been in business and notices that the company's sales have been declining at a steady pace for the past six months and that at present they are selling only half as many bicycles as they want to. In an attempt to increase sales, he either wants to bring down the prices of his bicycles or expand the company by opening a new branch in another area. The CEO shares his views with the sales manager and finance managers. Together they decide that reducing the prices would definitely increase sales, although the profits would come down. They also determine that opening a new branch
would only increase expenses. They conclude that they will reduce the prices of the bicycles. The plan is implemented and the CEO keeps a record of the sales every month to make sure the change is effective.Which of the following steps in the basic planning process do the managers of The Assent perform by deciding to reduce prices? A. situational analysis B. alternative goals and plans C. implementation D. goal and plan selection E. monitor and control