This is FALSE. The fact act does not only focuses on contracts that involves some of the sale in the multimedia products, computer software and other type of computer information. So the answer in this question is FALSE.
Answer:
It does not
Explanation:
In this question, we are asked to evaluate if a particular transaction carried out between a customer and an inn falls within the dictates of the local consumer protection law in the state.
Firstly, we look at what the local consumer protection law of the state talks about. It explicitly stated that customers should get receipts when suppliers receive deposits from them. Thus, this make the receipt act as the first thing to have if there would be any claim under the consumer protection law for the transaction carried out in the state.
Now, looking at the particular scenario we have, the customer paid for the room, but he was not issued a receipt. This makes the case not treatable within the consumer protection law of the state as the receipt which should have been a prerequisite for further exploration is not available
Answer:
c. attention is paid to competitive priorities and strategic fit.
Explanation:
Managing process is the top level activity it involves various activity and decisions for the growth of an organization. It clearly states that the company shall grow, what are the goals, what are the objectives and what are the strategies.
This clearly reflects that management's main concern is to strategic performance, and how does it create a space in the market share, as gaining from competitive advantage.
Answer: The general journal is used to post all accounting entries.
Explanation:
The general journal is the journal where all company transactions are recorded in. In other words, a general journal is the book of original entry where bookkeepers and accountants record business transactions according to the date the transactions take place.
It is the initial place where transactions are recorded, every page in the journal is divided into columns for dates, debit or credit records, serial numbers etc. Some companies keep specialized journals, such as sales journals or purchase journals, which records only a particular type of transactions. When a transaction has been recorded in the general journal, the amount is then posted to the appropriate accounts.
The goldsmith's ability to create money was based on the fact that: <span>Paper money in the form of gold receipts was rarely redeemed for gold
Because of this phenomenon, our earlier civilization obtains the idea to opened an institution that would transfer the equity from one hand to another which we commonly knew as the Banking System.</span>
