If a partner's act is not apparently for carrying on in the ordinary course the partnership business:
A) the partnership is bound anyway because a partner always has authority to bind the partnership.
B) the partner is necessarily acting without authority.
C) the partnership is bound only where the partner has actual authority.
D) the third person dealing with the partner becomes liable along with the partner.
C
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When a manager at a software company is determining whether to hire more full-time programmers or possibly more temporary ones, he is engaged in
A. planning. B. organizing. C. managing. D. leading. E. controlling.
The inventory account a manufacturer uses to record the cost of products completed and available for sale is called
a. Raw materials inventory b. Work in process inventory c. Finished goods inventory d. Merchandise inventory
The amount of cash provided from operating activities is_____________under both the direct and indirect methods
Fill in the blank(s) with correct word
The first step in the risk management process is risk assessment.
Answer the following statement true (T) or false (F)