Which of the following statements describes a receiving report?
A) It is an order to purchase goods from a supplier.
B) It is a statement from the supplier showing the goods purchased and the amount due.
C) It is a report showing that the goods have been received in good condition, as ordered.
D) It is a document authorizing a payment to a supplier.
C) It is a report showing that the goods have been received in good condition, as ordered.
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The control plan confirm input acceptance helps to achieve the sales order input control goal of:
a. sales order input validity b. sales order input accuracy c. sales order input completeness d. shipping notice input accuracy
Rate of return on common shareholders' equity (ROCE)
a. measures a firm's performance in using and financing assets to generate earnings and explicitly considers financing costs. b. a measure of profitability that incorporates the results of operating, investing, and financing activities. c. equals net income (less dividends on preferred stock, if any) divided by average common shareholders' equity. d. all of the above e. none of the above
A survey on the most preferred newspaper in the USA listed The New York Times (TNYT), Washington Post (WP), Daily News (DN), New York Post (NYP), and Los Angeles Times (LAT) as the top five most preferred newspapers. The table below shows the preferences of 50 citizens. TNYTWPNYPWPTNYTDNTNYTLATWPWPDNLATTNYTTNYTNYPNYPTNYTWPLATNYPLATWPDNWPLATWPDNTNYTDNDNTNYTTNYTLATTNYTNYPLATLATNYPWPDNWPWPTNYTDNTNYTTNYTDNNYPTNYTWP a. Are these data categorical or quantitative?b. Provide frequency and percent frequency distributions.c. On the basis of the sample, which newspaper is preferred the most?
What will be an ideal response?
A famous decision involving mistake in the meaning of contractual terms is Raffles v. Wichelhaus, a case involving two ships with the same name which were confused by the two parties. Neither party was at fault, and the court held that no contract existed
a. True b. False Indicate whether the statement is true or false