_____ are the most frequently used methods of communicating standard operating procedures and other instructions to employees.
A. Memos and email messages
B. Face-to-face meetings and phone conversations
C. Faxes and voice messages
D. Reports and letters
Answer: A
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Businesses are all very concerned with the bottom line. The bottom line is:
a. assets = liabilities + owners’ equity b. total income c. owners’ equity divided by total expenses d. total revenues – total expenses e. all assets of the company
Vick Valve Company makes valves for plumbing fixtures. At the beginning of the year, it sends out a price list addressing each one, "To our valued customers." Honest Hank Hardware orders a variety of valves at the prices quoted on the price list. Vick Valve must honor the prices on the list and sell the valves to Honest Hank
a. True b. False Indicate whether the statement is true or false
Which of the following is an example of a hypothesis?
A. Setting a goal will be positively related to the number of products assembled. B. A researcher found a .8 correlation between goal setting and productivity. C. Personally, I am more productive when I set goals. D. I wonder if there is a relationship between goal setting and productivity. E. There is no way to determine whether goal setting is positively or negatively related to productivity.
An invoice, with payment terms of 2/10, n/30, was issued on April 28 for $235.00. If the payment was made on May 12, the amount of payment will be ________. (Round your answer to the nearest cent.)
A) $235.00 B) $211.50 C) $230.30 D) $233.00