Goals and plans provide a standard of assessment.

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


True

Business

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Flo's Flowers' current ratio is 1.3. The industry average for the current ratio is 1.2. This indicates that Flo's can cover its short term liabilities with its short term assets.

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

Business

An external customer is a co-worker or supervisor within an organization who depends on products, supplies, or services from a different department within the same organization

Indicate whether the statement is true or false

Business

Which of the following features is covered in the CISG?

A. rights of the parties involved in the sale of stocks and shares B. the remedies available to the buyer C. the competency of the third parties D. the rights of third parties

Business

The amount by which a department's sales exceed its direct expenses is:

A. Net sales. B. Contribution margin. C. Gross profit. D. Departmental contribution to overhead. E. Departmental profit.

Business