In the context of small businesses, ________ is the use of communication media and scanners to work from an office, home, or any location.
A. prospecting
B. merchandising
C. freestanding
D. telecommuting
Answer: D
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Answer the following statements true (T) or false (F)
1) Using the FIFO method of inventory valuation will always produce the same results for cost of goods sold and ending inventory whether a company uses perpetual or periodic inventory costing methods. 2) The amounts obtained for cost of goods sold and ending merchandise inventory are not the same for FIFO perpetual and FIFO periodic. 3) Using the LIFO method of inventory valuation will always produce the same results for cost of goods sold and ending inventory whether a company uses perpetual or periodic inventory costing methods. 4) Assuming that costs are changing during the accounting period, under the last-in, first-out inventory costing method, the amount of cost of goods sold calculated using the perpetual inventory system will usually differ from the amount calculated using the periodic inventory system. 5) When using the LIFO inventory costing method and the periodic inventory method, the ending inventory comes from the newest costs of the period.
In Japan, at the end of a long day of negotiating a contract with their American counterparts, the deal has still not been completed. The Japanese team is likely to want to ______.
a. go home, rest, and come back early the next morning to continue b. go out for dinner and drinks and socializing c. stay late at the office and continue working on the deal d. put pressure on the American group to complete the deal before they leave
Under new methods of management, attempts to continuously improve the work environment come from
a. top management. b. each department manager. c. the board of directors. d. everyone in the company.
A 30-minute or longer advertising program on television that markets a single product is called a(n) ________
A) phishing program B) infomercial C) podcast D) catalog E) spambot