When a large quantity of merchandise is purchased, a reduction allowed on the sale price is called a trade discount
Indicate whether the statement is true or false
True
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What is a key element of high-performance work systems?
A. the organization B. the right people C. a rigid hierarchy D. exact synchronization between divisions E. measurable skill sets
In calculating the depletion of a natural resource, its useful life in years is irrelevant
Indicate whether the statement is true or false
Benson Company received cash of $1,000,000 from issuing common stock at par value. As a result of this transaction, the company's debt to equity ratio will:
A. Increase. B. Remain the same. C. Decrease. D. Cannot be determined.
When a firm develops a knowledge asset, such as a process, pays for it and reuses it over and over at a very low cost, this adds ________ for the firm.
A. little value B. a competitive advantage C. tacit knowledge D. a recoverable loss