When a corporation accepts legal responsibility for a contract, it is called novation.

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


False

Business

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______________________________ show the time periods that employees are in attendance at the job site and available for work

Fill in the blank(s) with correct word

Business

Investment in certificates of deposit and other securities that do not change in value are reported on the balance sheet as

a. equity investments b. available-for-sale securities c. cash and cash equivalents d. held-to-maturity securities

Business

Which of the following would be a case where an event as a transaction is not supported by a source document?

a. a purchase of inventory on credit b. a cash sale c. a credit sale d. None of these choices

Business

Ellie's manager has asked her to come up with ways to reduce costs of their new product by utilizing a process called "target costing." What should Ellie do?

What will be an ideal response?

Business