It important that the proper amount be assigned to inventory because the amount assigned to inventory will affect the amount eventually recorded as net sales

a. True
b. False

Indicate whether the statement is true or false


False

Business

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Greenfoods, a manufacturer of ready-to-eat foods, conducts over 60,000 customer surveys each month through its retail outlets. What risk is Greenfoods likely to face by putting out so many surveys each month?

What will be an ideal response?

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Describe the two different types of performance appraisals—objective appraisals and subjective appraisals—explaining the benefits and drawbacks of each.

What will be an ideal response?

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Discuss the techniques you should follow to communicate concisely in a document

Business

Eliza buys a new motorcycle from Fast Bikes, Inc. The most important factor in determining whether an express warranty is created is whether

A. Eliza expresses to Fast Bikes what she wants warranted. B. Eliza’s desire for the cycle becomes part of her motivation to deal. C. Fast Bikes expresses to Eliza what it expects of its customers. D. Fast Bikes’ promise becomes part of the basis of the bargain.

Business