Food, clothing, and shelter are examples of the _________ need
a. self-actualization.
b. social.
c. recognition.
d. physiological.
D
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Finnish cellular phone giant, Nokia, customized its 6100 series mobile phone for every major market in which it is present. In Asia, for example, the series came with higher ring volume so that it could be heard on the crowded Asian streets
This is an example of a ________. A) straight extension B) forward invention C) regional version D) city version E) country version
According to the text, why is the accounts receivable turnover ratio widely used in analyzing revenue-related fraud?
a. Significant amounts of fictitious revenues and receivables will almost always affect this ratio except in rare cases. b. Adding fictitious receivables will generally decrease the number of days it takes to collect receivables. c. If the ratio generally exceeds 1, recording fictitious sales will significantly increase the ratio, making it easy to spot fraud. d. Since the ratio should ideally equal to 1, any deviation from this number is easy to detect.
Sonar Company prepared a draft of its 2014 balance sheet. The draft statement reported total assets of $437,500 . Included in this total assets figure were the following items: Treasury stock of Sonar Company at cost, which approximates market value on December 31 ................ $12,000 Unamortized patents ..................................... 5,600 Cash surrender value of life insurance on
corporate executives .............................................. 6,850 Unrealized holding losses on available-for-sale securities ............................................ 4,200 At which amount should Sonar' total assets be correctly reported in the December 31 . 2014, balance sheet? a. $420,850 b. $421,300 c. $425,050 d. $425,500
Some discount stores are able to sell items before they have to pay their suppliers, resulting in a negative:
A) net profit. B) return on assets. C) number of inventory turns. D) cash-to-cash measure.