A lease agreement may be oral or written.?
Indicate whether the statement is true or false
True
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Northern Company sold goods to Eastern Enterprises for $1,000 on account. Cost of goods sold was $745. Northern uses a perpetual inventory system and special journals. The cost of goods sold is recorded in the ________ column of the sales journal.
A) Accounts Receivable DR, Sales Revenue CR B) Cost of Goods Sold CR, Merchandise Inventory DR C) Cost of Goods Sold DR, Merchandise Inventory CR D) Sales Revenue DR, Accounts Receivable CR
________ refers to the amount of money charged for a product or service
A) Value B) Cost C) Price D) Wage E) Salary
?Which of the following statements is incorrect?
A. ?Of the three levels of planning, corporate strategy is the broadest. B. ?Business-unit strategy should be consistent with the corporate strategy. C. ?Marketing strategy should be consistent with both the business-unit and corporate strategies. D. ?Strategic planning begins at the marketing level and proceeds through business-unit and corporate levels. E. ?Strategic planning begins at the corporate level and proceeds through business-unit and marketing levels.
The standard deviation is computed by dividing the sum of the squared deviations by the number of observations
Indicate whether the statement is true or false.