Which of the following is a benefit ofholding large inventories?
A. Reduced holding costs
B. Increased protection against losses due to depreciation
C. Increased availability of funds
D. Reduced ordering costs
Answer: D
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Management of current liabilities arises, in part, because of a concern over
A) profitability. B) liquidity. C) timeliness. D) materiality.
Customer service as a(n) _____ function comes into play only when there has been a complaint
A. ongoing B. problem-solving C. proactive D. pre-emptive
David borrowed $120,000 for his business to be repaid in six equal annual installment. The lender charges 6.5 percent interest on the amount of the loan balance that is outstanding at the beginning of each year. The interest component in the amount of the annual installment will be the smallest at the end of:
A. sixth year. B. first year. C. third year. D. fourth year. E. fifth year.
Which of the following is NOT a benefit of conducting research on the Internet?
A. Opportunity to use multimedia to present video and audio B. Higher response rate C. Ability to target hard to reach populations D. Control of data quality E. All of the above are benefits of conducting research on the Internet.