To be classified as a cash equivalent, the only criterion an item must meet is that it must be readily convertible to a liquid asset.
Answer the following statement true (T) or false (F)
False
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Most companies would prefer to remain domestic if their domestic market were large enough. Yet several factors are drawing more and more companies into the international arena. List some of these factors
What will be an ideal response?
A merchandiser will earn an operating income of exactly $0 when
a. gross margin equals operating expenses. b. net sales equals cost of goods sold. c. cost of goods sold equals gross margin. d. operating expenses equal net sales.
Which of the following correctly pairs the type of packaging with its description?
a. primary packaging: the material that is mixed with the contents of a product b. secondary packaging: outer wrappings that envelop and protect tertiary packages c. tertiary packaging: protects products during transportation and bulk handling d. security packaging: packaging used to secure goods from theft
Which of the following statements about professionalism in the workplace is most accurate?
A) Unprofessional behavior affects only the individual who displays it. B) More organizations are establishing procedures or policies to encourage professionalism. C) Employees need to exhibit professional behavior only when working at their desks. D) You exhibit professional behavior only through nonverbal actions such as dressing appropriately or maintaining eye contact with others.