The seller is responsible for paying shipping charges and bears the risk of damage or loss in transit if goods are shipped FOB shipping point.

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


False

Business

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

1) Internal control is an organizational plan that ensures that the financial statements are prepared and submitted on time. 2) Controlling operations is a key responsibility of a business manager. 3) It is important for a business to identify policies which ensure that all customers are treated similarly and that results can be measured effectively. 4) Promoting operational efficiency reduces expenses and business profits. 5) If a company does not protect its assets, it is throwing away resources.

Business

A predetermined overhead rate times the amount of activity basis equals the overhead cost assigned to the product

Indicate whether the statement is true or false

Business

_____ is a form of a microblog and allows you to send and receive text messages of roughly 140 characters or fewer.

A. Huddle B. A tweet C. Sparks D. A Circle

Business

Which of the following is not a discount provided to business customers?

A. Trade B. Quantity C. Cash D. Seasonal E. Differentiated

Business