Under the perpetual inventory system, a company purchases merchandise on terms 2/10, n/30. If payment is made within 10 days of the purchase, the entry to record the payment will include a credit to Cash and a credit to Purchase Discounts
Indicate whether the statement is true or false
False
Business
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When attending a play, a person's high level of satisfaction is based on
a. a performance that exceeds expectations b. the person's experience of the actual event c. expectations formed from past experiences at the theater d. expectations formed from the marketer's promotional material about the play e. all of the above
Business
Couples who live together a long time are a common law marriage even if they didn't intend to be
Indicate whether the statement is true or false
Business