Bagsby owns a business selling insects for organic gardening. Bagsby is seeking a loan from First Natural Bank. The loan officer is asking that the loan be secured by Bagsby's inventory of insects, now owned or hereafter acquired. In order to do this, a new security agreement will need to be signed each time Bagsby gets new insects or sells his insects.
Answer the following statement true (T) or false (F)
False
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Which of the following is true about a purposive sampling?
A) The researcher uses his or her judgment to select people who appear to best fit the requirements of the sample. B) Convenience is the key determinant of who participates. C) Respondents help identify other respondents for the sample. D) Every member of the population is included in the sample. E) Each member of the population has an equal chance of being included in the sample.
The shorthand version of the C2C concept is the phrase _____________.
Fill in the blank(s) with the appropriate word(s).
Sales returns affect net cash collections when a customer has the right to return a product for a refund, and the firm can reasonably estimate the amount of returns at the time of sale, U.S. GAAP and IFRS
a. require that the firm use the allowance method to estimate and recognize the effects of returns. b. the selling firm debits a revenue contra account for expected returns to reduce current period revenues to the estimated amount that will not be returned. c. require that the firm measures revenues based on the amount of cash it expects to collect from current period sales. d. preclude revenue recognition when customers have the right to return goods unless the firm can reasonably estimate the amount of returns. e. all of the above
An OD intervention method that employs group activities that involve a great deal of interaction among team members to increase trust is called ______.
A. team building B. process consultation C. workout D. survey