Which of the following is most likely to be an advantage of a start-up?
A. It is easy to establish and it immediately provides positive cash flow.
B. It has easy access to revolving credit.
C. It begins with a clean slate.
D. It has initial name recognition.
Answer: C
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Which of the following symbols represents the size of the population?
A. ?2 B. ? C. ? D. N
When the amount of use of a fixed asset varies from year to year, the method of determining depreciation expense that best matches allocation of cost with revenue is
A) declining-balance B) straight-line C) units-of-production D) MACRS
A quick response (QR) inventory management system seeks to _____
a. decrease inventory ordering costs b. decrease delivery lead time from vendors c. increase the quantity discounts available to a retailer d. decrease inventory holding costs
What are the risks associated with term insurance policies?
A) You may need to have insurance coverage past the term expiration date. B) The cash value does not earn a decent return. C) The renewal premium may be cost prohibitive. D) Both A and C are correct.