A business will be in crisis continually, dealing with one process emergency after another, when it ________

A) plans to develop the business process
B) actively seeks to change business processes
C) waits and lets the need for change just happen to it
D) plans to update its business process

C

Business

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Companies record and report long-term notes receivable at the present value of the cash they expect to collect.

a. true b. false

Business

Jones offers to sell Smith his car. Smith thinks Jones is selling his 2015 Toyota, and Jones thinks he is selling his 2014 Buick. This is an example of which of the following?

A) Misunderstanding B) Common mistake or shared mistake C) Unilateral mistake or one-sided mistake D) Fraudulent misrepresentation E) Non est factum

Business