If an inventory error is discovered in the same accounting period it occurred, the original erroneous entry should simply be _____ and the appropriate entry recorded. This situation presents no particular reporting problem.

What will be an ideal response?

Answer: reversed

Business

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Trisha and her co-worker are making plans about where to go for lunch. Since they are having trouble making a decision, Trisha says, "Look, let's just go wherever you'd like." What conflict-handling style is Trisha demonstrating?

a. dominating b. integrating c. avoiding d. obliging e. compromising

Business

The statement "This car has a six cylinder engine" is a statement of fact, but not a warranty

Indicate whether the statement is true or false

Business