A principal is not liable for the intentional torts of agents and employees that are committed outside the principal's scope of business.
Answer the following statement true (T) or false (F)
True
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The cash receipts process can be accelerated by using the ACH network because it is:
a. an immediate process b. a periodic process c. a type of EFT process d. a batch process
Barton Building Company is ready to sell its bonds. Which one of the following financial questions is most relevant to the issue of the bonds and that investors will most likely want answered before they purchase the bonds?
a. How many product lines did Barton Building Company have last year? b. What will be Barton Building Company's cost to start operations in another city? c. How much debt does Barton Building Company already have? d. Will Barton Building Company pay dividends?
Net income was $753,480 in the current year and $655,200 in the prior year. The year-to-year percentage change in net income is an increase of:
A. 55%. B. 87%. C. 15%. D. 13%.
In a formal report, the letter or memo of transmittal usually ________
A) follows the indirect plan B) uses no contractions or first-person pronouns C) highlights the report's findings, conclusions, and recommendations D) is as formal as the report itself