For an agent's implied authority to be effective, a principal must ratify it

a. True
b. False
Indicate whether the statement is true or false


False

Business

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If 10,000 units which were 50% completed are in process at November 1, 90,000 units were completed during November, and 20,000 were 20% completed at November 30, the number of equivalent units of production for November was 90,000. (Assume no loss of units in production and that inventories are costed by the first-in, first-out method.)

Indicate whether the statement is true or false

Business

Identify the correct verb form. A business major, Judy _____ Chinese

A) studys B) studies

Business

In a periodic inventory system, the Cost of Goods Sold account is continuously updated as and when sales occur

Indicate whether the statement is true or false

Business

Which of the following would be relevant in the marketing company era?

A. planning for five or more years ahead B. bringing all marketing activities together under the control of one department C. focusing on production D. reselling goods to consumers and intermediaries

Business