Which is a requirement for the creation of an agency relationship?
A) A written agreement
B) Principal with capacity
C) Agent with capacity
D) None of the above
B
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During the decline stage of the product life cycle, alternative channels of distribution are
preferred over the main channels due to decreasing sales. Indicate whether the statement is true or false
Which type of workplace is likely to utilize open management employee meetings and open e-mail communications to learn of its employees’ concerns and expectations?
a. information-based workplace b. open communication-based workplace c. inclusive workplace d. exclusionary workplace
The following information is available for Brendon Company before closing the accounts. What will be the amount in the Income Summary account that should be closed to Retained earnings? Retained earnings$147,000?Dividends 50,000?Fees earned 245,000?Depreciation Expense-Equipment 15,925?Wages expense 93,100?Interest expense 4500?Insurance expense 15,300?Rent expense 31,850?
A. $48,000. B. $34,325. C. $84,325. D. $97,000. E. $50,250.
The results of a consolidation are the same as those of a merger
Indicate whether the statement is true or false