The ________ culture is characterized by a strong emphasis on equality in the workplace and orientation to the task.
A. Eiffel Tower
B. family
C. guided missile
D. incubator
Answer: C
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After aging the accounts receivable, it is estimated that $790 will not be collected and the allowance account has an existing debit balance of $230 . The adjusting entry under the aging approach would be for the amount of
a. $790. b. $230. c. $560. d. $1,020.
When goods are delivered to a common carrier for immediate shipment and while they are in transit, who is normally liable for any loss or damage to the goods??
A) the shipper B) the consignee C) the carrier D) the individual designated as responsible in the bill of lading
Which of the following is true about administrative charges on an FPDA?
A) A front-end load is also called a surrender charge. B) A front-end load is charged on each premium payment. C) A front-end load is always higher than the back-end load. D) By law an insurer can only charge a front-end load or a back-end load, but not both.
Andy: "This is to confirm our telephone conversation of earlier today. 200 lbs. of T-bone at $2.89 per pound." Barb: "Yes, but that's 100 pounds at $2.99." Andy: "Too late, we already reached agreement by phone." Barb: "Too bad, it wasn't in writing." Which of the following statements is true? A) Barb is incorrect. The phone conversation was a contract
B) Barb is correct. The agreement must be in writing to be enforceable. C) Andy can enforce the agreement with the parol evidence rule. D) None of the above