An agency by ratification occurs when a principal ratifies an authorized act

Indicate whether the statement is true or false


FALSE

Business

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Odessa Corporation had 20,000 shares of $2 par value common stock outstanding on July 1. On that day, the board of directors declared a 10% stock dividend when the market value of each share was $9. The stock dividend is to be distributed on July 20 to stockholders of record on July 10. The entry to record the issuance of the shares on July 20 is:

A. Debit Retained Earnings $18,000; credit Common Stock $4,000; credit Paid-In Capital in Excess of Par Value, Common Stock $14,000. B. Debit Retained Earnings $18,000; credit Common Stock $18,000. C. Debit Common Stock Dividends Distributable $4,000; credit Common Stock $4,000. D. Debit Common Stock Dividends Distributable $18,000; credit Common Stock $18,000. E. Debit Retained Earnings $18,000; credit Common Stock Dividends Distributable $4,000; credit Paid-In Capital in Excess of Par Value, Common Stock $14,000.

Business

Describe what are meant by self-efficacy beliefs and how they can be enhanced in a training context.

What will be an ideal response?

Business

Global warming has been addressed at international meetings, but substantive changes have not actually taken place

a. True b. False Indicate whether the statement is true or false

Business

Manufacturing systems use linkages to reduce inventory costs

Indicate whether the statement is true or false

Business