Answer the following statement(s) true (T) or false (F)

1. The Better Business Bureau is considered to be one of the best-known self-regulatory agencies in the country. This position is enhance by its strong enforcement powers.
2. NARB screens national advertisements for honesty and handles complaints about deceptive ads.
3. The Better Business Bureau and the National Advertising Review Board are the only self-regulatory programs in the United States.
4. A social audit is a systematic self-review of an organization’s social responsibility performance.
5. SA8000 is a global social responsibility standard that has been adopted by over 100 countries.


1. FALSE
2. TRUE
3. FALSE
4. TRUE
5. FALSE

Business

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During the year just ended, the retailer James Corporation purchased $454,000 of inventory. The inventory balance at the beginning of the year was $206,000. If the cost of goods sold for the year was $478,000, then the inventory turnover for the year was:

A. 2.46 B. 2.34 C. 2.63 D. 2.32

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Which of the following would be added to the balance per books on a bank reconciliation?

A) Notes collected by the bank B) Deposits in transit C) Service charges D) Outstanding checks

Business

Raycom Construction needs heavy-duty equipment to install a new pipeline in northern Alaska. After a vendor is chosen, Reginald will handle the paperwork and send out the purchase order. Reginald plays the role of ________ in the buying center.

A. initiator B. influencer C. user D. buyer E. gatekeeper

Business

The fact that signal strength falls off with distance is called ________________

A. bandwidth B. attenuation C. resistance D. propagation

Business