Unearned revenues are current liabilities until they are earned

Indicate whether the statement is true or false


TRUE

Business

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Yong Nam, CEO of LG, recently stipulated that English would be required throughout the company. His reasons for this action included all of the following statements except:

A) the need to have seamless communication. B) not to depend on a small group of people. C) impede information sharing. D) facilitate decision making. E) utilizing everybody's wisdom.

Business

Which one of the fixed asset accounts listed below will not have a related contra asset account?

A) Office Equipment B) Land C) Delivery Equipment D) Building

Business

Which of the following summarizes the AIDA steps in the persuasive process?

a. Get attention, investigate options, create desire, encourage acceptance. b. Gain acceptance, invite questions, designate action, encourage action. c. Get attention, arouse interest, create desire, encourage action. d. Get attention, initiate action, discuss benefits, create acceptance.

Business

Principals are bound by the authorized contracts of their independent contractors

Indicate whether the statement is true or false

Business