Matson agrees to purchase 500 wooden chairs from Woodcarvers, Inc After Woodcarvers sets the chairs aside in its warehouse, but before the risk of loss passes to Matson, the chairs are destroyed in a fire, which was not the fault of Woodcarvers. The contract between Matson and Woodcarvers is void
a. True
b. False
Indicate whether the statement is true or false
True
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Kaylee is getting ready to close her sales call. She feels she has answered all of the prospects objections and feels confident that the prospect is ready to buy. The best close for her would be the:
A) continuous "yes" close B) direct close C) summarization close D) assumptive close
Under a backflush accounting system, the following entry is made when products are completed:
a. Debit-Finished Goods Credit-Work In Process b. Debit-Cost of Goods Sold Credit-Raw and In Process Credit-Conversion Costs c. Debit-Finished Goods Credit-Raw and In Process Credit-Conversion Costs d. Debit-Cost of Goods Sold Credit-Finished Goods
In a four-variance method analyzing factory overhead, the fixed factory overhead production-volume variance measures:
a. The difference between the actual fixed factory overhead and budgeted fixed factory overhead. b. The difference between actual fixed factory overhead and the amount of fixed factory overhead applied to production. c. The difference between budgeted fixed factory overhead and the amount of fixed factory overhead applied to production. d. The difference between the actual hours and standard hours allowed multiplied by the standard fixed factory overhead rate.
What firm tops the list of the most valuable global brand?
A. Toyota B. IBM C. Apple D. McDonald's E. Coca-Cola