Which of the following statements are NOT true concerning the responsibilities of the Fed?
a. The Fed controls the size of the money supply.
b. The Fed provides national check clearing services.
c. The Fed directly insures deposits against bank failures.
d. The Fed is responsible for supervising/regulating commercial banks.
e. The Fed regulates the discount rate.
c. The Fed directly insures deposits against bank failures.
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Which one of the following statements regarding changing inventory costing methods is true?
A) A change in inventory costing methods can be justified if the change is made after the completed financial period. B) Changing inventory costing methods violates consistency. C) One place that the reader of an annual report would be able to identify that a company changed inventory costing methods is the statement of stockholders' equity. D) Tax advantages are valid justification for changing inventory costing methods.
Which arguments oppose business involvement in socially responsible activities?
a. Lack of corporate focus on profitability. b. Unfairness to company employees and shareholders. c. Lack of accountability. d. All of these.
Traditional marketing media are more consumer-driven than digital media.
Answer the following statement true (T) or false (F)
On-time deliveries may give a firm a competitive edge.
Answer the following statement true (T) or false (F)