The United Nations Convention Against Corruption was rejected by Congress as inferior to the Foreign Corrupt Practices Act
a. True
b. False
Indicate whether the statement is true or false
False
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Research on first impressions has shown
a. once a first impression has been made, it is nearly impossible to change. b. once a first impression has been made, twice as much information is needed to reverse it. c. first impressions are formed in the first 30 seconds of meeting someone. d. a lasting first impression is more important than the interview itself.
Monro Inc. uses the accrual method of accounting. Here is a reconciliation of Monro's allowance for bad debts for the current year.Beginning allowance for bad debts?$ 61,150??Actual write-offs of accounts receivable during the year?(80,000)?Addition to allowance? 88,500??Ending allowance for bad debts?$ 69,650???Which of the following statements is true?
A. Bad debt expense per books is $88,500, and the deduction for bad debts is $80,000. B. Bad debt expense per books is $80,000, and the deduction for bad debts is $88,500. C. Bad debt expense per books and the deduction for bad debts is $88,500. D. Bad debt expense per books and the deduction for bad debts is $69,650.
Data cleaning includes consistency checks and treatment of missing responses. The checks at this stage are less extensive than the checks made during editing
Indicate whether the statement is true or false
A retailer's gross margin equals $500,000 . Its net sales are $1,000,000 and average inventory at cost equals $250,000 . Its GMROI is _____ percent
a. 11.8 b. 47 c. 53.2 d. 200