Vertical analysis can be done for both the income statement and the balance sheet

Indicate whether the statement is true or false


T

Business

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The point of cash receipt for revenue and cash disbursement for expenses is important under the accrual basis when determining income

Indicate whether the statement is true or false

Business

Quantitative data can be mapped using correspondence analysis

Indicate whether the statement is true or false

Business

Only humans can perform an activity in a business process.

Answer the following statement true (T) or false (F)

Business

Homeowner hired a plumber to work on a leaky water line. The plumber demonstrated to and informed the homeowner how to cut off the water at the connecting line to the city system in the event the leak got worse before the plumber could return with

all the proper parts. Homeowner intentionally neglected to shut the water off and incurred a water bill from the city for $400 more than the usual bill. Homeowner is now suing the plumber. The plumber should argue that the homeowner failed to: A) mitigate the damages. B) mitigate the contract. C) agree to equitable remedies. D) agree to specific performance.

Business