A product system is a group of diverse and unrelated items that does not function in a compatible manner and includes the product mix and product assortment
Indicate whether the statement is true or false
FALSE
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Humor is being used less frequently in other countries throughout the world
Indicate whether the statement is true or false
Which of the following statements does not apply to preventing "garbage in, garbage out" when implementing a forecasting game plan?
a. The quality of the financial statement forecasts will depend on the quality of the forecast assumptions. b. The quantities forecasted within financial statement forecasts will depend on the quantity of the forecast assumptions. c. Analysts should justify and evaluate the most important assumptions that reflect the critical risk and success factors of the firm's strategy. d. Analysts can impose reality checks on the assumptions by analyzing the forecasted financial statements using ratios, common-size, and rate-of-change financial statements.
Kenneth purchased a car from his local dealership, Quartent Cars
However, since the car was not available in the color that Kenneth favored, the sales contract stipulated that Kenneth could immediately pick up the car of his preferred color from a nearby warehouse. The warehouse was owned by Mr. Henderson. Kenneth received the document of title for the car upon payment and presented it to Mr. Henderson a week later. But Mr. Henderson informed Kenneth that the car was damaged during a fire at the warehouse. According to the UCC, which of the following parties holds the risk of loss for the damage caused to the car? A) The risk is to be borne by Kenneth. B) Mr. Henderson has to take up the loss. C) Quartent Cars must take the risk of loss. D) The risk is to be borne jointly by Mr. Henderson and Quartent Cars.
Which of the following is true of a business operating as a sole proprietorship?
A) It is not considered a separate legal entity from the owner. B) It cannot be sold when the owner decides to do so. C) It requires governmental approval when being transferred. D) It has access to unrestricted capital by means of investments.