A key to reducing cycle inventory is the reduction of lot size

Indicate whether the statement is true or false.

Answer: TRUE

Business

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A(n) ________ is type of instrument that is payable to anyone in physical possession of the instrument and presents it for payment when it is due

A) certificate of deposit B) order instrument C) bearer instrument D) check

Business

An agent does not owe a duty to notify the principal of important information he learns concerning the agency

Indicate whether the statement is true or false

Business