A purchase order is a document the purchasing department sends to the vendor to place an order.

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


True

Business

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Which of the following transactions affects the liabilities for Gravette, Inc?

a. Supplies are purchased for cash by Gravette. b. Gravette places an order for merchandise with a supplier; the merchandise will be shipped to Ernest White in 60 days. c. The owners of Gravette invest $100,000 in the company. d. Payment is made on a bank loan which Gravette had obtained 6 months ago.

Business

The decision to use independent agents or a company sales is determined based onĀ  ________.

A. strategic flexibility B. organizational learning C. psychographic segmentation D. database mining E. institutional cost

Business

When practicing a presentation, one way to increase your confidence is to visualize success

Indicate whether the statement is true or false.

Business

When the periodic inventory system is used, a physical inventory should be taken at the end of the fiscal year

Indicate whether the statement is true or false

Business