Which of the following is not a reason for the use of negotiable instruments?
A) Reduction of the chance of forgery or material alteration
B) Convenience
C) Elimination of the risk of loss or theft of cash
D) Reduction of cost to the federal government of maintaining an adequate supply of currency
A
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Drop shippers do all of the following EXCEPT which of the following?
A) take title to the merchandise B) take actual possession of the merchandise C) take orders from retailers and industry buyers D) bill retailers and industry buyers E) assume the same risks as other types of limited-service merchant wholesalers
FICA stands for:
a. None of the answers are correct. b. Federal Indemnity Contributors Act. c. Federal Insurance Contributions Act. d. Freedom of Information and Communications Act.
An indirect cost rate is the percentage of a project's indirect costs to its direct costs and is a standardized method of charging individual projects for their share of indirect costs
Indicate whether the statement is true or false
When an organization compares their processes to those of another firm outside their industry, they are engaging in ________
Fill in the blank with the appropriate word.