Firms pursuing TQ aim to reduce the number of suppliers they work with to the point of having only one supplier for some components

a. True

b. False

Indicate whether the statement is true or false


True

Business

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Fox Auto sold merchandise to a customer for $3,000 on credit on March 10 . The customer paid Fox Auto the amount due on March 31 . Under the accrual basis of accounting, which of the following statements is true?

a. Fox Auto will recognize the revenue on March 31. b. The March 10th transaction increases revenue, but has no effect on assets because cash has not been received. c. Revenue is recognized after the cost of the merchandise sold has been paid by Fox Auto. d. The March 31st transaction has no effect on total assets under the accrual basis.

Business

The ____________________ should be considered first, last, and during every stage as you design your speech.

a. audience analysis b. speaker’s communication apprehension c. the relevance of the topic d. the visual aids

Business

How do exchanges protect themselves from counterparty risk?

What will be an ideal response?

Business

Which of the following is not an economic benefit to society of unemployment insurance?

A) Provides employers a liability-free way to discharge employees without cause B) Provides spendable cash for dismissed employees C) Abates the downward spiral of the economy because of reduced spending D) Helps keep families together under hard economic times

Business