Contract prohibitions against assignments are invalid as a matter of public policy
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
A credit memorandum for $42 (sales price of merchandise, $40; sales tax, $2) was issued to a customer for goods returned that had been purchased on account. To properly enter this transaction, Sales would be debited for
a. $2; b. $40; c. $42; d. the amount of the original sale; e. $0 because Sales should not be debited.
Identify the treatment of each of the following costs under variable costing and absorption costing:?Variable CostingAbsorption Costing?Product CostPeriod CostProduct CostPeriod Cost1. Direct materials????2. Direct labor????3. Variable manufacturing overhead????4. Fixed manufacturing overhead????5. Variable selling????6. Fixed selling????7. Variable administrative????8. Fixed administrative????
What will be an ideal response?
Prestige pricing involves
A. pricing a product higher than competitors to signal that it is of higher quality. B. pricing generic label goods at the same price as designer goods. C. constantly updating prices to reflect changes in supply or demand. D. adding a certain amount to the cost of each item in a product set. E. separating out the individual goods that make up a product and pricing each one individually.
Which of the following refers to itself as the front page of the Internet?
A. Reddit B. Huffington Post C. Flipboard D. Buzzfeed