If an agreement is not voluntary and knowing, it will be either void or voidable

Indicate whether the statement is true or false


True

Business

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Obsolescence is not a reason for an asset's limited useful life

Indicate whether the statement is true or false

Business

Phantom profits result when absorption costing is used and production exceeds sales

Indicate whether the statement is true or false

Business

A form that serves as a communications link with persons who can assist with customer service is called a:

A) service card B) follow-up card C) product service card D) call report E) product service report

Business

Reports should always be prepared with equal left and right margins

Indicate whether the statement is true or false

Business