An objective standard is used in determining whether an offer has been made

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


True

Business

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Which of the following factors is classified as environmental dynamics?

A. Competitive rivalry B. Market size C. Seasonality D. Social changes E. Barriers to entry

Business

Allowance for Doubtful Accounts has a credit balance of $1,200 at the end of the year (before adjustment), and an analysis of customers' accounts indicates doubtful accounts of $13,900. Which of the following entries records the proper provision for doubtful accounts?

A) debit Uncollectible Accounts Expense, $15,100; credit Allowance for Doubtful Accounts, $15,100 B) debit Allowance for Doubtful Accounts, $15,100; credit Uncollectible Accounts Expense, $15,100 C) debit Allowance for Doubtful Accounts, $12,700; credit Uncollectible Accounts Expense, $12,700 D) debit Uncollectible Accounts Expense, $12,700; credit Allowance for Doubtful Accounts, $12,700

Business

If you are writing a single-column document with lines of text that span the width of an 8.5 by 11-inch page, which typographic combination would probably result in an easily readable document?

A. 10-point type size and narrow (single spaced) leading B. 10-point type size and wide (double spaced) leading C. 12-point type size and narrow (single spaced) leading D. 14-point type size and wide (double spaced) leading

Business

RTR Incorporated estimated its labor productivity as 120 units per labor $ in 2013. In 2014, its estimated labor productivity was 125 units per labor $. What was RTR’s labor productivity growth rate from 2013 to 2014?

a. 5% b. -5% c. 4.2% d. -4.2%

Business