In the EOQ model, ________ costs are the fixed clerical cost of writing a purchase order, processing the paper work, and verifying the invoice
A) basic
B) order
C) carrying
D) insurance
B
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You friend, Edwin Slotkin, has started a new business, but has recently encountered a slight cash flow problem. He obtains a $1,000 loan at 10% per year from a local bank, but would like to ask you about the terms. The bank has deducted the interest in advance and he wants to know if 10% is his effective interest rate. How would you respond in an email?
Illustrations should be
a. passed around so everyone can see them up close. b. used only when videos aren’t available. c. separate from a slide. d. simple and incorporated into the slide.
Finola, a certified public accountant, provides accounting serv¬ices to Global Trade Corporation. The services include preparing Global Trade's financial re-ports and issuing opinion letters based on the reports. In 2014, Global Trade falls into
serious financial trouble, but neither Finola'sreports nor her opinion let¬ters indicate this situation. Relying on Finola'sportrayal of Global Trade's finan¬cial situation, the firm borrows a large sum of money to build a new ship-ping facility. In lending Global Trade the money, Harbor City Bank relies on Finola'sopinion letter. Finolais aware of this reliance. If Finoladid not en¬gage in intentional fraud but was negligent, what is her potential liability?
______ is creating a master–servant relationship in which bosses can do whatever they want because they feel superior.
A. Deification B. Cruelty C. Abuse D. Coercion