Answer the following statements true (T) or false (F)
FIFO and LIFO measures of cost of goods sold and inventories are examples of calculations rather than measurements.
ANSWER: T
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Team effectiveness is evaluated on these desired team outcomes: ______.
A. performance and development B. norming and forming C. technical and empathetical D. controlling and delegating
Compare and contrast entrepreneurs and intrapreneurs.
What will be an ideal response?
A firm has an accounts receivables turnover equal to 33.5 days, an average inventory equal to $120,000, and an average accounts payable balance equal to $52,000. What is the firm's receivables collection period? In your computations, assume there are 360 days in a year.
A. 3.00 days B. 77.31 days C. 14.52 days D. 12.25 days E. 10.75 days
Evaluating whether or not to go forward with the preparation of a proposal is referred to as the ____
a. bid/no-bid decision b. exception decision c. contingency decision d. best and final offer decision