Which of the following statements is true of a revocation?
A) It can be made by the offeree.
B) It needs to be received by the offeree to be effective.
C) It can be done even after acceptance of the offer.
D) It can be applied to an option contract.
B
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One sign that a company may be recognizing sales too early is that it has unusually large amounts of ______________________________
Fill in the blank(s) with correct word
The premise of ABC is that it takes activities to make products and provide services and these activities drive costs.
Answer the following statement true (T) or false (F)
What type of clause in an insurance policy states that the insurer will pay for a covered loss only
to the extent that it exceeds a certain stated amount that the insured pays toward that loss? A) Subrogation clause B) Deductible clause C) Endorsement clause D) Coinsurance clause E) Indemnity clause
Which of the following illustrates the internal control procedure—separation of duties?
A) Cashiers must not have access to accounting records. B) External auditors will monitor internal controls. C) Electronic devices must be installed to reduce theft. D) The invoices and other documents must be pre-numbered.