The government provides special tax incentives on savings specially earmarked for retirement

Indicate whether the statement is true or false


TRUE

Business

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Chris wanted to get a loan from the bank, but he had bad credit. In order to get the money, he convinced Eric to cosign as a surety. Now Chris has stopped making the payments. When is Eric liable for repayment of the loan?

A. When Chris stopped making payments. B. Never, because Eric was not the one actually using the money. C. Only after the bank attempts to recover the full amount from Chris. D. At any point.

Business

Under the accrual method, the timing of revenue recognition is influenced by

a. where the purchaser gets funds to pay the seller. b. whether the buyer pays with cash or a promise. c. when the services or product are provided. d. when the seller has received a form of payment in settlement of a purchaser's promise. e. the nature of the services or product provided.

Business

Dual sourcing refers to contracting with multiple supply sources ______.

a. as a hedge against price decreases by a supplier b. as a buffer against disruptions in the supply chain c. as a way to quickly expand production capacity d. as a way to give an equal opportunity to different suppliers

Business

The ________ calculates the critical path and determines how long an activity can be delayed without delaying the project.

Fill in the blank(s) with the appropriate word(s).

Business