An imprest system is a way to account for petty cash by maintaining a constant balance in the petty cash account. Cash plus petty cash tickets total the amount allocated to the petty cash fund
Indicate whether the statement is true or false
TRUE
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A culture that approves of placing family above wealth is considered to have a ______ dimension.
A. feminine B. collectivistic C. low-context D. high power distance
An agent may bind the principal due to the agent's __________ authority
a. express b. implied c. apparent d. express, implied, or apparent
Jimenez is an emergency medical technician. Medical personnel such as Jimenez are pro¬hibited by state statute from working more than a certain num-ber of consecutive hours. One month, Jimenez works more than the legal limit. Jimenez can recover for
a. the hours up to the statutory maximum but not more. b. the hours up to the statutory maximum and the extra hours. c. the hours up to the statutory maximum or the extra hours. d. nothing.
An unconscionable contract is one that a court refuses to enforce because of fundamental unfairness
Indicate whether the statement is true or false