Acceptance of goods precludes the buyer or lessee from exercising the right of rejection
Indicate whether the statement is true or false
True
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A/An ______ employee is someone who lives and works in a foreign country on a temporary basis.
A. refugee B. relegate C. migrant D. expatriate
The two types of franchises allowed are product franchises and brand-name franchises
a. True b. False Indicate whether the statement is true or false
The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and Administrative Expense Budget for next year. The following budget data are available: MonthlyFixed CostVariable CostPer Deb SoldSales commissions $0.90 Shipping $1.40 Advertising$50,000$0.20 Executive salaries$60,000 Depreciation on office equipment$20,000 Other$40,000 All of these expenses (except depreciation) are paid in cash in the month they are incurred.If the budgeted cash disbursements for selling and administrative expenses for April total $195,500, then how many Debs does the company plan to sell in April? (Round your intermediate calculations to 2 decimal places.)
A. 8,000 units B. 10,200 units C. 14,400 units D. 18,200 units
The entry to establish a petty cash fund includes:
A. A debit to Petty Cash and a credit to Cash. B. A debit to Cash and a credit to Petty Cash. C. A debit to Petty Cash and a credit to Accounts Receivable. D. A debit to Cash and a credit to Cash Over and Short. E. A debit to Cash and a credit to Petty Cash Over and Short.