Although faster transportation is more expensive, a firm receives which benefit as a result of the faster transportation?
A) Fewer rejects
B) Higher profit
C) Lower inventories
D) More warehouses
Answer: C
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Which of the following is not a description of organizational culture?
A. A system of shared beliefs and values. B. "Social glue" binding members together. C. A system of reporting relationships. D. An organization's personality. E. A system that guides the behavior of organizational members.
Sanchez's success is due largely to the fact that:
A) he was born with the personality of a successful salesperson and capitalized on that B) he understood the key factors involved in becoming an excellent salesperson and worked to develop skills to support those factors C) he has unlimited energy and makes more cold calls than any other salesperson at his level in the company D) he knows how to persuade prospects to buy the products he is selling E) men tend to be more successful at selling industrial products than women do
A company needed a new building. It found a suitable location with an existing old building on the land. The company reached an agreement to buy the land and the building for $960,000 cash. The old building was demolished to make way for the needed new building. Following is information regarding the demolition of the old building and construction of the new one: Construction cost of new building $8,900,000Cost for parking lot………………………………………. $260,000Demolition of old building…………………………………. 200,000Proceeds from sale of salvaged materials from old building 70,000Prepare a single journal entry to record the above costs assuming all transactions are paid in cash.
What will be an ideal response?
Which of the following federal acts substantially amended federal bankruptcy law in 2005?
A) Bankruptcy Reform Act B) Bankruptcy Abuse Prevention and Consumer Protection Act C) the Nelson Act D) the Chandler Act