Ratification releases the:
A. third party from liability for acts of the principal.
B. principal from liability.
C. agent from liability.
D. principal and the third party from liability.
Answer: C
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Extraordinary gains and losses must be shown in the financial statements "net of tax."
Indicate whether the statement is true or false
The nine-cell attractiveness-strength matrix provides clear, strong logic for considering using
A. only business strength in allocating resources and investment capital to the different businesses. B. both resource fit and product strength in allocating resources and investment capital to its different businesses. C. both industry attractiveness and business strength in allocating resources and investment capital to its different businesses. D. both industry attractiveness and product strength in allocating resources and investment capital to its different businesses. E. only industry attractiveness in allocating resources and investment capital to its different businesses.
Which of the following is the most common workplace injury?
A. Being hit by an object B. Sprains C. Falls D. Strains
The physical distribution (PD) concept is probably being used in a firm if
A. the total cost of distribution is as low as possible. B. transporting costs have been minimized. C. storing costs have been minimized. D. transporting, storing, and product-handling are seen as interrelated parts of one PD system. E. inventories are set based on just-in-time delivery policies.