Most business communication is done:
A. nonverbally.
B. in writing.
C. orally.
D. through paralanguage.
C. orally.
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A process whereby the effect of fluctuations in level of activity is built into the budgeting system is referred to as flexible budgeting
Indicate whether the statement is true or false
New ____ homes allow residents to open and close curtains, turn on sprinkler systems, control media throughout the house, and adjust environmental controls from any Internet-connected computer or wall-mounted display.
A. Web B. smart C. savvy D. secure
Match the term with its definition.
A. A line of credit secured by working capital assets B. 1/100th of 1 percent when quoting an interest rate C. An installment loan from a seller of machinery used by a business D. E. An informal agreement between a borrower and a bank as to the maximum amount of funds the bank will provide at any one time F. The interest rate charged by commercial banks on loans to their most creditworthy customers G. Obtaining cash from a lender who, for a fee, advances the amount of the borrower's cost of goods sold for a specific customer order H. Money loaned for a 5- to 10-year term, corresponding to the length of time the investment will bring in profits
The risk caused by variations in interest expense unrelated to sales or operating income arising from changes in the level of interest rates in the economy is called:
a. interest rate risk b. business risk c. tax risk d. financial risk e. none of the above