A journal entry with a debit to cash of $980, a debit to Sales Discounts of $20, and a credit to Accounts Receivable of $1,000 means that a customer has taken a 10% cash discount for early payment.
Answer the following statement true (T) or false (F)
False
$20/$1,000 = 2% discount
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Which of the following is true about the European Union's Directive on Personal Data Protection?
A. It is also known as the European Union Safe Harbor Act. B. It encourages member countries to maintain myriad standards for information gathering and protection. C. It prohibits EU firms from transferring personal information to a non-EU country unless that country maintains "adequate protections" of its own. D. It states that United States is the only non-member country that maintains "adequate protection" of personal data.
Along with the decreasing number of scandals in government, politics, business, education, and religion over the past decade, the need for crisis management has actually decreased
Indicate whether the statement is true or false
Retain the zero after the decimal point or at the end of the decimal number only if the zero represents _________________
a. an unknown quantity b. exact measurement c. an estimated measurement d. a quantity less than one
Which of the following statements is false in relation to choosing a supplier?
A. Purchasers should consider price, quality, and reliability when choosing a supplier. B. Purchasers should always be on the lookout for new suppliers. C. Purchasers should ensure that the credit terms a supplier offers are agreeable to their company. D. Purchasers should consider the quality of life for employees and management in the proposed location. E. Purchasers should focus on having only one supplier for each material needed.