The Contract Clause of the Constitution applies only to the actions of state governments and not to the federal government

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Use the following letters to represent items: P = Purchases (net) C = Cost of goods sold B = Beginning inventory E = Ending inventory Which equation is correct?

A) B ? C + P = E B) B ? E = C + P C) P ? E = B + C D) B = C ? E + P

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In developing countries, which of the following scales would be best for measuring consumer preferences?

A) ordinal scales B) ratio scales C) interval scales D) substantive scales E) dichotomous scales

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The budgeted cost of products to be sold in a future period would be found in the

a. production budget. b. sales budget. c. purchases budget. d. pro forma income statement.

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Which of the following terms BEST describes the environment in which community relations operates in the 21st century?

A) controversial B) tranquil C) cooperative D) two-sided

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