Answer:
False
Explanation:
As we know that the closing would be conducted by the closing agent not with the seller agent. The closing agent could be the worker or the employer etc
Therefore the given statement is false
Hence, it is not a true statement
So the same is to be relevant
Answer:
True
Explanation:
It's True because you have to deduct from the total Accounts Receivable the balance in the Cr Allowance for Uncollectible Accounts estimated.
The company estimate that 2% of the total Credit Sales will be uncollectible, which is, $4,000, if we deduct this value of the balance of accounts receivable of $38,000, we have a Net Realizable Value of Accounts Receivable of $34,000
Credit Sales $ 200,000
Cr Allowance for Uncollectible Accounts $ 4,000
Dr Accounts receivable $ 38,000
Net Realizable Value of Accounts receivable $ 34,000
Answer:
A. fiscal policy. and C. monetary policy.
Explanation:
What is Fiscal Policy?
The government's use of taxes, spending, and transfer payment to promote economic growth and stability.
What is Monetary Policy?
The action the Fed takes to control the money supply and the rate of inflation in the economy.
Answer:
The correct answer is drop shipper.
Explanation:
Drop shipping can be defined as one of the supply chain management method where the vendor does not stock any product.
In drop shipping when a vendor gets any order from the customer, the vendor forwards it to the third party for order fulfillment and then ships the product directly from the third party to the customer by the name of the vendor.
According to the scenario, techilex does not store any product but only facilitates delivery for the products shows the drop shipping type of business.