A listing is NOT valid until it is signed by both the seller and the buyer.

a. true
b. false

Answer: b. false

Business

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When a 5% stock dividend is declared, which account is debited?

A) Common Stock-Par Value B) Common Stock Dividend Distributable C) Retained Earnings D) Paid-In Capital in Excess of Par-Common

Business

________ measures the average time between when an order is placed and the product arrives

A) Supplier reliability B) Supply lead time C) Fraction of on-time deliveries D) Supply quality

Business