A member of a limited liability company must be a natural person.

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


False

Business

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When more than one variable must be controlled, the researcher must use true experimental designs

Indicate whether the statement is true or false

Business

A company has $107,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. Experience suggests that 5% of outstanding receivables are uncollectible. The current balance (before adjustments) in the allowance for doubtful accounts is a(n) $970 debit. The journal entry to record the adjustment to the allowance account includes a debit to Bad Debts Expense for:

A. $4380 B. $6320 C. $5350 D. $970 E. None of theseĀ is correct.

Business

The four targeted elements of change are organizational arrangements, social factors, methods, and people.

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

Business

Based on Esteban's conduct, Floyd reasonably believes that Glynis has the authority to act on Esteban's behalf even though Glynis does not have the actual authority to do so. Floyd makes a payment to Glynis for Esteban. Glynis keeps the money and disappears. Esteban

a. can demand that Floyd make a repayment directly to Esteban. b. can obtain damages from Floyd for Glynis's misconduct. c. may be estopped from denying that Glynis had authority. d. must repudiate Glynis's misconduct to avoid liability.

Business