If the contract price on a noncancelable purchase commitment exceeds the market price, the buyer should record any expected losses on the commitment in the period in which the market decline takes place.

a. true
b. false

Answer: a. true

Business

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Which of the following describes laws or policies adopted by some states to reduce unfair barriers to employment of people with criminal records?

A) break the box B) give a chance C) ban the box D) fill the box

Business

A business with a differentiation strategy will add cost to an activity only as long as theactivity has a positive margin

Indicate whether the statement is true or false

Business