The matching principle requires businesses to record Warranty Expense when the warranty costs are incurred

Gem's principal asked her to pick up his dry-cleaning on her way to work. After she had picked up the dry-cleaning and was driving to work, Gem knocked over an old man crossing the street because she did not apply the brakes in time

Under the theory of ________, Gem's principal is liable to the injured man. A) intentional tort B) negligence C) liability with fault D) vicarious liability

The main purpose of a global supply-chain network is to ________

A) eliminate the need for distribution intermediaries B) consolidate the number of freight forwarders C) maximize a firm's competitive advantage D) re-organize a firm's corporate structure