The Operational plan describes how a business will actually deliver your product or service to
the customer.
Indicate whether the statement is true or false
TRUE
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A cost-benefit analysis is performed after collecting secondary data
Indicate whether the statement is true or false
With closing entries, you would expect to find all of the following except
A) debit Unearned Rent; credit Income Summary. B) debit Sales Revenue; credit Income Summary. C) debit Retained Earnings; credit Dividends. D) debit Income Summary; credit Loss on Sale of Land.
In a contract made by a minor, ________.
A. the minor does not have the right to disaffirm the contract B. the minor can disaffirm the contract at any time, even after attaining majority C. his/her siblings who are also minors can disaffirm the contract on his/her behalf D. adult parties bound to the contract cannot disaffirm the contract
During the 1940s, the U.S. instituted a price support system for American potatoes. Congress had addressed the problems of agricultural imports in the Agricultural Act of 1948. The U.S. Secretary of State entered into an executive agreement with Canada that would permit only seed potatoes to be imported into the U.S. This agreement was not submitted to or approved by congress. A potato importer
imported potatoes into the U.S. for A & P grocery stores for resale. When the court tried this case brought by the U.S. against the importer: A) the court found for the importer because the executive agreement was entered into without Congressional approval. B) the court found for the U.S. because this was an executive agreement provided for by the president. C) the court used the "first in time rule" and found for U.S. since Congress and the president are equal. D) none of the above is correct in this situation.