Assault is a direct, intentional, uninvited physical contact without consent

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


False

Business

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In November, cash is received in advance of rendering services. Assuming that the services have been performed by December 31, the adjusting entry would be

a. Unearned Service Revenue – Debit; Cash – Credit b. Cash – Debit; Service Revenue – Credit c. Unearned Service Revenue – Debit; Service Revenue – Credit d. Service Revenue – Debit; Prepaid Services – Credit

Business

What did Baekgaard and Miller do when they ordered the wrong size zippers for their hand bags?

a. resold the zippers for a profit b. returned the zippers for the correct size c. absorbed the loss d. designed a new bag that would work with the larger zipper

Business

Estoppel means that a person is prevented by his own conduct from asserting a position inconsistent with such conduct, on which another person justifiably relied

Indicate whether the statement is true or false

Business

The actual weight of 2-pound sacks of salted peanuts is found to be normally distributed with a mean equal to 2.04 pounds and a standard deviation of 0.25 pounds

Given this information, the probability of a sack weighing more than 2.40 pounds is 0.4251. Indicate whether the statement is true or false

Business