Past consideration is sufficient consideration to support a new contract.

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


False

Business

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What happens to the accounting equation when the adjustment for depreciation expense for the accounting period is recorded?

a. Assets decrease and stockholders' equity decreases. b. Assets increase and stockholders' equity increases. c. Assets decrease and liabilities decrease. d. Liabilities increase and stockholders' equity decreases.

Business

Mnemonic codes are appropriate for items in either an ascending or descending sequence, such as the numbering of checks or source documents

Indicate whether the statement is true or false

Business

Compare and contrast the advantages of internal and external sources of recruitment.

What will be an ideal response?

Business

Forecasting errors are dealt with using

A) safety backlog. B) safety capacity. C) safety inventory. D) B and C only

Business