The just cause/due process standard applies to:
a. public sector employees
b. most unionized employees
c. employees residing in Montana
d. all of these are true
e. a and b only
d
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You are engaging in a ______ if you initially sell a currency (that you do not own) at a high price and then buy it back later on at a low price.
a. discount position b. premium position c. short position d. long position
) Newell Company has acquired land and paid $500 as a brokerage commission to acquire the land. However, the company's accountant has recorded the $500 as a revenue expenditure. What is the effect of this error?
A) Net income is understated by $500. B) Liabilities are overstated by $500. C) Revenue is overstated by $500. D) Assets are overstated by $500.
The use of brand names is especially important for services because of which unique characteristic of services?
A. inventory costs B. inconsistency C. inseparability D. invisibility E. intangibility
Which of the following is NOT a reason why companies move into international operations?
A. To develop new markets for the firm's products. B. To better serve their primary customers. C. Because important raw materials are located abroad. D. To increase their inventory levels. E. To take advantage of lower production costs in regions where labor costs are relatively low.