An agency relationship may be created between:

a. seller and a buyer
b. a broker and escrow agent
c. two buyers
d. an agent and principal

Answer: d. an agent and principal

Business

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Which of the following is performed as a continuous effort to identify, classify, and mitigate events that will impact project success?

A. Risk management B. Change management C. Monitoring scope D. Monitoring progress

Business

Both job order costing and process costing track the product costs of direct materials, direct labor, and manufacturing overhead through three inventory accounts on the balance sheet

Indicate whether the statement is true or false

Business