On the Upper West Side of Manhattan, there are hundreds of independent restaurants offering different specialties, services, and prices. The market for restaurants in this neighborhood is in a state of monopolistic competition
Indicate whether the statement is true or false
TRUE
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A project vision is an image a project team holds about how the project will look upon completion, how they will work together, and how customers will accept the project. It is important that everyone have the same vision.
Answer the following statement true (T) or false (F)
In the current year, Borden Corporation had sales of $2,160,000 and cost of goods sold of $1,280,000. Borden expects returns in the following year to equal 7% of sales. The unadjusted balance in Inventory Returns Estimated is a debit of $22,000, and the unadjusted balance in Sales Refund Payable is a credit of $26,000. The adjusting entry or entries to record the expected sales returns is (are):
A.
| Sales Returns and Allowances | 125,200? | |
| Sales Refund Payable | 125,200? | |
| Inventory Returns Estimated | 67,600? | |
| Cost of Goods Sold | 67,600? |
B.
| Sales Refund Payable | 125,200? | |
| Accounts Receivable | 125,200? |
C.
| Sales Returns and Allowances | 125,200? | |
| Sales | 125,200? | |
| Cost of Goods Sold | 67,600? | |
| Inventory Returns Estimated | 67,600? |
D.
| Sales | 2,160,000? | |
| Sales Refund Payable | 151,200? | |
| Accounts Receivable | 2,008,800? |
E.
| Accounts Receivable | 2,160,000? | |
| Sales | 2,160,000? |
Of all third-party interventions, mediation goes the farthest in putting the issues under dispute back in the hands of the disputing parties.
Answer the following statement true (T) or false (F)
Which of the following is most likely true with regard to people's views of organizations in contemporary America?
A) In the American workplace, there has been an overall increase in organizational loyalty. B) Most Americans are confident in their employers and are unlikely to switch jobs as frequently as in the past. C) The past two decades have seen a sharp decrease in confidence in and loyalty toward America's business organizations. D) Most U.S. workers view work as a source of personal satisfaction and organizational pride. E) In the last decade, corporate scandals and layoffs had little impact on people's confidence in U.S. firms.