Components or parts of finished products are referred to as

A) upstream materials.
B) raw materials.
C) secondary products.
D) intermediate products.
E) mid-chain products.


D

Business

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How many main clauses in a simple sentence?

A) One B) Two C) Three D) Four E) Five

Business

On January 1, 20xx, Swenson Corporation had 40,000 shares of $10 par value common stock issued and outstanding. All 40,000 shares had been issued in a prior period at $20.00 per share. On February 1, 20xx, Swenson purchased 3,000 shares of treasury stock for $21 per share and later sold the treasury shares for $24 per share on March 1, 20xx. The journal entry to record the purchase of the

treasury shares on February 1, 20xx, would include a A) credit to Treasury Stock for $63,000. B) debit to Treasury Stock for $63,000. C) debit to a loss account for $9,000 D) credit to a gain account for $9,000.

Business

If a sole proprietorship or partnership operates under a name that is different from its owner's, the name of the business must be registered and the owner identified

Indicate whether the statement is true or false

Business

Consequential damages may not be recovered, even if they were within the contemplation of the parties at the time of contracting

Indicate whether the statement is true or false

Business