Purchasing and inventory management share the same objective by contributing to profitable operations.
Answer the following statement true (T) or false (F)
True
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Which of the following will not cause a trial balance to be out of balance?
a. The balance for an account is incorrectly computed. b. A debit entry is posted as a credit. c. A credit entry is posted to the wrong account as a credit. d. An account is accidentally omitted from the trial balance.
A preferred stock with a $5 dividend rate, $100 face value, and $80 market value has a current yield of
A) 5.00%. B) 6.25%. C) 5.56%. D) 25.00%.
Which of the following statements is true of the Civil Rights Act of 1871?
A. It extends to discriminatory conduct occurring overseas. B. It applies only to persons within the jurisdiction of the United States. C. It covers only small employers with fewer than 10 employees. D. It grants all citizens the right to make and enforce contracts for employment.
Parents are not liable to a storekeeper for the destruction caused by their children if they permit the children to run wild through the store
Indicate whether the statement is true or false