Which of the following strategies can a company use to decrease its breakeven point?

A. Hiring more employees
B. Raising prices
C. Increasing variable costs
D. Increasing fixed costs


Answer: B

Business

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A manufacturer who is sued on the basis of industry wide liability may try to defend on the grounds that:

A. it manufactured the product that caused the injury to the plaintiff. B. the risks from its product were lower than those from other manufacturers. C. it manufactured the product with a disclaimer. D. the market share of its product was more than alleged by the plaintiff.

Business

The internal audit department recalculates payroll for several employees each pay period. This is an example of __________________________

Fill in the blank(s) with correct word

Business

Rights are sometimes described as "trumps" that override the collective will. Rights function to protect certain interests that are more important and central in human well-being than the mere happiness of others.

Answer the following statement true (T) or false (F)

Business

Convertible bonds can be exchange for a fixed number of shares of the issuing corporation's stock. 

Answer the following statement true (T) or false (F)

Business