An option for real estate need not be in writing to be valid

Indicate whether the statement is true or false


False

Business

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The receiving report

a. is used to update the actual cost inventory ledger b. accompanies the goods to the storeroom c. is sent to general ledger d. is returned to the vendor to acknowledge receipt of the goods

Business

Business use of instant messaging (IM) ________

A) is restricted for informal communication only B) is expected to decline in coming years C) allows employees to communicate real-time information D) is typically recommended for sharing confidential information E) is not allowed for formal communication

Business

Answer the following statements true (T) or false (F)

Although there are exceptions, revenue is generally recognized at the time cash is collected.

Business

Which of the following is NOT a weakness in survey research?

a. Using poorly constructed data gathering instruments b. Administering the collection instrument to a small test sample before conducting the full survey c. Using an instrument that contains bias d. All of the above are weaknesses

Business