Finding reliable suppliers is a procurement objective among organizations

Indicate whether the statement is true or false


TRUE

Business

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Many small professional service businesses use the modified cash basis of accounting

a. True b. False Indicate whether the statement is true or false

Business

Secondary data is data originated by the researcher for the specific purpose of addressing the research problem

Indicate whether the statement is true or false

Business

Mark, a resident of Illinois, while driving on the freeway, hits Bill, a resident of Wisconsin, and totally destroys Bill's brand new vehicle and injures Bill. Bill may bring suit in federal district court:

a. because of federal question jurisdiction. b. because there is always federal jurisdiction if there is diversity of citizenship. c. if the amount in controversy is over $75,000. d. if the accident occurred outside of Illinois or Wisconsin.

Business

Heathman Inc. produces and sells a single product. The selling price of the product is $230.00 per unit and its variable cost is $89.70 per unit. The fixed expense is $308,660 per month. The break-even in monthly dollar sales is closest to:

A. $535,365 B. $308,660 C. $791,436 D. $506,000

Business