A payee whose name is misspelled may indorse with the wrong name, the correct name, or both

Indicate whether the statement is true or false


True

Business

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Net sales minus cost of goods sold equals ____________________

Fill in the blank(s) with correct word

Business

Explain why goodwill messages are important, and then describe at least two characteristics of effective goodwill messages

What will be an ideal response?

Business

Ralph works for a manufacturing company in Ohio. Recently, he called in a department manager to assist in the purchase of some heavy machinery

After consulting the department manager, Ralph is considering a change in product specifications and characteristics and expects suppliers to meet his requirements. Which of the following is evident here? A) modified rebuy B) new task C) straight rebuy D) product differentiation E) reverse auction

Business

In a process cost system, product costs are accumulated by processing department rather than by job

Indicate whether the statement is true or false

Business