Answer:
<em>False</em>
Explanation:
I jus got it right on the assignment.
A Small business is defined as a business that is independently owned and operated and is not dominant in its field of operations.
Depreciation Expense is a temporary account since it is an income statement account.
Therefore, the answer is
b . False
Answer:
b. Producer.
Explanation:
Organizational buying deals with the process of purchasing products and services after duly identifying, evaluating and choosing which company to buy from.
Organizational buying is mainly classified into four categories, these are;
1. Producer.
2. Intermediary or Retailers.
3. Wholesaler.
4. Institution.
In this scenario, Dell Computer buys computer chips from Intel for the purpose of making computers to be sold to consumers and other organizations. Dell is an example of a producer organizational buyer because it bought computer chips, so it can be used to manufacture a computer.
Hence, the producers usually buy raw materials, components or other parts, from other manufacturers to use in producing goods for their consumers or end users.
Option(A) is the correct answer.
Acceleration clause allows a lender to regain their investment if a borrower does not pay his rent.
<h3>What is acceleration clause in real estate?</h3>
The "accelerated provision" of a loan agreement describes the circumstances under which the borrower is required to make an immediate full repayment of the loan. When the borrower substantially violates the terms of the loan arrangement, an accelerated clause is often triggered.
For instance, the acceleration clause in most mortgages kicks in if the borrower skips too many payments. Commercial and residential mortgages are the ones that typically have acceleration clauses. Some leases may also include them.
The borrower may be permitted to repay the loan in full before the loan's maturity date, according to an accelerated provision.
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