In a crisis, groupthink can protect the collective interests of the group because no one person can be made a "scapegoat" for making a poor decision

Delaware, Inc. purchased raw materials worth $800 for cash. The journal entry to record this transaction will include ________

A) a debit to Cash for $800 and a credit to Raw Materials Inventory for $800 B) a debit to Accounts Payable for $800 and a credit to Raw Materials Inventory for $800 C) a debit to Raw Materials Inventory for $800 and a credit to Accounts Payable for $800 D) a debit to Raw Materials Inventory for $800 and a credit to Cash for $800

The EAR is 5.85% if the APR is 5.85% and compounding is annual

Indicate whether the statement is true or false.