The payroll-processing function is responsible for paying employees for services and benefits.

Answer the following statement true (T) or false (F)


False

Business

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Compared to a general accounting system, a cost accounting system for a manufacturing company emphasizes:

A. Periodic inventory counts. B. Products and average costs. C. Continually updating costs of materials, work in process, and finished goods inventories. D. Total costs. E. Large volume operations involving standardized products.

Business

The owner of the policy in a life insurance without exception is the ________

A) insurance company that issues the policy B) person who pays the premiums C) next of kin of the insured person D) person who receives the insurance proceeds

Business

Developing your informal communication skills means combining oral communication skills in order to ____.

A. listen actively B. respond with empathy C. speak persuasively D. all of the above

Business

Global Outfitters Outlet and Hyacinth, a consumer, enter into a contract for a sale of ultra-weather camping gear. If the contract includes a clause that is perceived as grossly unfair to Hyacinth, its enforcement may be challenged under

a. the mirror image rule. b. the principle of fair trade. c. the predominant-factor test. d. the doctrine of unconscionability.

Business