An exchange between parties of oral or written promises that are enforceable in a court of law is a(n) ________

________ involves correcting errors using past routines and present policies

A) Process reengineering B) Single-loop learning C) Circular logrolling D) Double-loop learning E) Organizational restructuring

A compensating balance used to secure a short term loan should be recorded against its short term borrowing in current assets separate from cash

Indicate whether the statement is true or false