________ says that if a written contract is a complete and final statement of the parties' agreement, any prior or contemporaneous oral or written statements that alter, contradict, or are in addition to the terms of the written contract are
inadmissible in court regarding a dispute over the contract.
A) Main purpose exception
B) Leading object exception
C) Parol evidence rule
D) Promissory estoppel
C
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Which of the following is not an important factor in determining the appropriate cost driver to use in allocating a cost?
A. The ability of the cost driver to allocate indirect costs to cost objects B. The availability of information about the cost and cost driver C. A cause-and-effect relationship between the cost and the cost driver D. All of the answers are important factors in determining the appropriate cost driver to use in allocating a cost
Which of the following statements is always true?
A. -1 P(Ei)
1
B. P(A) = 1 - P(Ac)
C. P(A) + P(B) = 1
D. ?P 1
A sole proprietor is legally responsible for the business's contracts
Indicate whether the statement is true or false
What is the customer lifetime value of a customer that that generates $5,000 (on average) of annual sales? Assume an 8% discount rate, a 15% profit margin, and a customer expected lifetime of 8 years.
a. Less than $2,000 b. Between $2,000 and $3,000 c. Between $3,000 and $4,000 d. More than $4,000