If a firm sells on terms of 2/10 net 30 days, and its DSO is 28 days, then the fact that the 28-day DSO is less than the 30-day credit period tells us that the credit department is functioning efficiently and there are no past-due accounts.

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


False

Business

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Lupita is teaching employees how to use the company’s new software needed for their jobs. The knowledge, skills, and abilities they are learning will help them succeed in their work. Lupita is providing ______ to employees.

A. development B. orientation C. training D. drills

Business

According to the Principle of Veracity, lying would be justified in which situation?

A. during a poker game B. to trick a criminal suspect into a confession C. to save a life D. all of these

Business

A buyer and seller who are at the first stage of business friendship are called acquaintances.

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

Business

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

1. Early labor-management relations were characterized by violence and bloodshed. 2. The first union federation to achieve significant size and influence was the American Federation of Labor. 3. The members of AFL-CIO are labor unions. 4. The trend over the last 30 years is an increase in union membership as a percentage of the workforce. 5. There is a greater percentage of government workers unionized than non-government, or private sector, employees.

Business