A customer who has given a purchase order to a salesperson is not bound by any contract until the employer of the salesperson accepts the order
Indicate whether the statement is true or false
True
You might also like to view...
Which of the following statements regarding inflation and accounting is false?
a. The SEC requires U.S. companies to present supplemental financial information adjusted for the effects of inflation. b. Instability of the measuring unit that is the currency occurs in countries with rampant inflation. c. In some in Latin American and South American countries, companies have been required to adjust their financial statements to take into account the effects of inflation. d. The FASB developed rules for companies in the United States to use to adjust for inflation.
The feedback orientation that involves a desire for betterment through one’s broad effort to seek and receive feedback, both positive and negative, is called ______.
a. avoidant b. performance prove c. learning d. motivated
In Statement of Financial Accounting Concepts No. 1 . "Objectives of Financial Reporting by Business Enterprises," the Financial Accounting Standards Board presents the objectives of financial reporting. Required: Identify the three major objectives of financial reporting and explain the interrelationships that exist between these objectives
Online dictionaries vary in _______________
a. length b. quality c. price d. accuracy