Which of the following is true of dual agency?
A) An undisclosed dual agent is allowed to retain compensations of the transaction provided he or she discontinues the dual agency.
B) Examples of dual agents are finders and middlemen.
C) Dual agency is permitted if all parties in the transaction agree to it.
D) Dual agency is permitted as long as the interests of both principals are similar.
C
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Louisiana Enterprises received payment from its customers for previous sales on credit. What was the impact on its working capital?
a. Increase in working capital b. Decrease in working capital c. No effect on working capital d. Unable to determine
The following data are taken from the cash-basis accounting records of Myerson Company for the year ended December 31, 2021:Selected Data as of December 31, 2021 Customers billed in 2021 for services provided$400,000Cash collections in 2021 for accounts billed in 202020,000Cash collections in 2021 for accounts billed in 2021300,000Cash paid for supplies purchased in 202112,000Supplies remaining at the end of 20212,000Cash paid for salaries in 202110,000Cash paid for annual rent on March 1, 202118,000Calculate the amount of revenues and expenses for 2021 under accrual-basis accounting.
What will be an ideal response?
If a project has an expected completion time of 15 weeks with a variance of 4 weeks, there is a 95% likelihood that the project will be completed by what time?
a. by 17.5 weeks b. by 16.5 weeks c. by 15.5 weeks d. by 14.5 weeks
You may be extremely effective if you memorize the ____ of your presentation
A) first or last section B) body C) supporting details D) key phrases E) script