The variance can never be negative

Indicate whether the statement is true or false


TRUE

Business

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When a bank collects a notes receivable, it notifies the payee that the net amount has been added to the payee's account by using a credit advice

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

Business

_____ is a sales practice that involves building, maintaining, and enhancing interactions with customers in order to develop long-term satisfaction through mutually beneficial partnerships

a. Price-based selling b. Adaptive selling c. Stimulus-response selling d. Relationship selling

Business

A corporation reported cash of $14,000 and total assets of $178,300 on its balance sheet. Its common-size percent for cash equals:

A. 1273%. B. 12.73%. C. 0.0785%. D. 7850%. E. 7.85%.

Business

Fibreboard Construction, Inc., and Gated Community Corporation form a joint venture. A joint venture is usually formed for

A. an implied duration of not more than six months. B. a single activity or transaction. C. a stated duration of not more than one year. D. a perpetual existence.

Business