Private colleges and universities report term endowments as net assets with donor restrictions until the term has expired.
Answer the following statement true (T) or false (F)
True
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Goods in possession of bailees are considered to be in transit
Indicate whether the statement is true or false
Which of the following statements is true with regard to storage?
a. Outbound storage refers to the storage of materials that, if not available, will impede manufacturing flow. b. Inbound storage refers to the storage of products and services after production and prior to shipment to customer. c. Inbound storage is one of the first operations activities to be outsourced. d. Outbound warehousing refers to storing finished goods prior to their shipment to a wholesale or retail destination.
A highly specialized mode of transportation that is used primarily to carry petroleum and natural gas is _____.
A. pipelines B. airplanes C. railroads D. ships E. trucks
Olivia is a part-time worker at a jam-producing company in her village. Her job entails picking and cleaning grapefruits. Because grapefruits grow only in winter, Olivia is unemployed for most part of the year. In the given scenario, Olivia's unemployment exemplifies _____.
A. seasonal unemployment B. frictional unemployment C. classical unemployment D. cyclical unemployment