Agendas for formal meetings are sent out prior to the meeting

Indicate whether the statement is true or false


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Business

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The international monetary systems consists of

A. treaties among nations in trade blocks. B. institutions, rules, procedures, and processes. C. bilateral legal arrangements among nations and then, belief in the system. D. relationships among sellers in the international market.

Business

Arnold, Inc purchased a truck on January 1, 2009, for $40,000. The truck had an estimated life of 5 years and an estimated salvage value of $5,000. Arnold Inc used the straight-line method to depreciate the asset. On July 1, 2012, the truck was sold for $7,000 cash. The journal entry to record the sale of the truck in 2012:

A) decreases equity. B) increases total assets. C) decreases total expenses. D) increases net income.

Business

Occidental Pharmaceuticals believes in risk taking and encourages its employees to do so. The company also holds its employees accountable for results. The norms and value systems of Occidental Pharmaceuticals constitute its

a. cultural toughness. b. cultural sensitivity. c. corporate culture. d. corporate social responsibility. e. perceptual ability.

Business

.W. Grainger and McMaster Carr stock products from more than a thousand manufacturers each to sell to hundreds of thousands of customers and are sterling examples of

A) transportation aggregation by transportation intermediaries. B) inventory aggregation. C) warehouse aggregation. D) transportation aggregation by storage intermediaries.

Business