Which approach is desirable when there is a high degree of supply risk or early supplier involvement is required?
A. English auction
B. negotiations
C. competitive bidding
D. second-price auction
B. negotiations
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Which of the following statements does not properly reflect the new rules for accounting for minority equity investment securities, if fair value is not readily determinable?
A. If reported at cost, the reported value is updated when circumstances indicate the asset's value is impaired. B. If reported at cost, the reported value is to be updated when there is an observable transaction. C. If there are changes in carrying value, they are not to be reported in net income. D. Firms may opt to report at fair value or report at cost.
Some retailers advertise items at very low prices or even below cost just to get customers into the store. This ________ strategy is prohibited in some states
A) bait-and-switch B) price lining C) predatory pricing D) loss leader pricing E) dynamic pricing
From the insured's perspective, the use of deductibles in insurance contracts is an example of
A) risk transfer. B) risk control. C) risk avoidance. D) risk retention.
Daisy, an employee of BSI, files suit alleging that Ralph, her supervisor,sexually harassed her. Which of these factors would be relevant in her Title VII lawsuit?
a. Whether or not she suffered an adverse employment action b. Whether or not the conduct of her supervisor was frequent, severe, unwanted or physically threatening or humiliating c. Whether or not her employer employs fifteen or more persons and is involved in interstate commerce d. All of the above e. None of the above