A trust that is formed by a group of smaller employers in the same or similar industries is known as a

A) MET
B) union
C) MEWA
D) association

Ans: A) MET

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Freight charges on goods purchased are considered a period cost and therefore are not part of the cost of the inventory.

a. true b. false

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An adequate metes and bounds description will have all of the following except:

a. a definite point of beginning b. four sides c. closure d. linear measurements and compass directions

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