Which of the followingcurrent asset financing policies/approaches asserts that all of a firm's fixed assets, all of its permanent current assets, and some of its temporary current assets should be financed with long-term capital?

A. Maturity matching approach
B. Aggressive approach
C. Conservative approach
D. Self-liquidating approach
E. Permanent current assets approach


Answer: C

Business

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When a retailer stocks up on Maxwell House coffee while it is on-deal to sell them later when they are off-deal, it is:

A) a diversion B) quantity-seeking C) forward buying D) a slotting fee

Business

Which is not true of the z?, formula for a population percentage estimation?

A) The z stands for the z value for the level of confidence. B) The z value will typically be for a 95% or 99% level of confidence. C) The a equals the sample percentage. D) The a will typically be for a 95% or 99% level of confidence. E) The z value will normally correspond to ±1.96 or ±2.58 standard errors.

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All costs related to the manufacturing function in a company are

a. prime costs. b. direct costs. c. product costs. d. conversion costs.

Business

Palmtop is another name for a laptop computer

Indicate whether the statement is true or false

Business