If a company usually sells its accounts receivable, it records any factoring commissions as a(n)
A) loss.
B) expense.
C) receivable.
D) liability.
B
You might also like to view...
When the absolute value of price elasticity of demand is ________, the category is price elastic
A) less than 1 B) equal to 0 C) greater than 1 D) equal to 1
Reducing the time-to-market for a new product
a. is only possible if a company has formed strategic alliances with its suppliers. b. generally increases long-run product costs because of the need to develop new production processes. c. results in the ability of a firm to pursue a cost leadership competitive strategy. d. may result in design flaws, a need for engineering change orders, and customer "bad will."
The practice of shielding one or more sectors of a country's economy from foreign competition through the use of tariffs or quotas is referred to as
A. import taxation. B. trade restriction. C. domestic imperialism. D. blocked competition. E. protectionism.
Which of the following is generally true regarding front pay in discrimination cases?
a. It is a substitute for back pay. b. It is equal to one-half the back pay amount. c. It is a substitute for back pay and is generally awarded in addition to reinstatement. d. It is equal to what the employee would have received had he or she not been discharged and is generally awarded when reinstatement is inappropriate.