Sales made and actual cash received may differ for any particular month. However, sales and cash received must be equal for a calendar year
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: There is no need nor expectation that these two values be the same in any particular year.
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Bonds issued in a series so that a specified amount of principal matures each year are called term bonds
a. True b. False Indicate whether the statement is true or false
When governments ____________ forms, they take them from private to public ownership.
Fill in the blank(s) with the appropriate word(s).
Organizations are increasingly using teams for many reasons. The difference between a good team and an outstanding team has been found to be
A. similarities in the way team members solve problems. B. the way team members treat each other. C. the combined technical skills of the members. D. similarities in the age and experience of team member.
Nero makes an honest but erroneous statement that misrepresents a material fact in a contractual transaction with Odell. Nero is guilty of
A. a unilateral mistake. B. duress. C. fraud. D. innocent misrepresentation.