________ benefits are advantages that someone else — a third party — gains

A) External
B) Internal
C) Audience
D) Indirect
E) Direct


Answer: A
Explanation: A) External benefits are advantages gained by a third party.

Business

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The process of instituting ongoing small, incremental improvements in all parts of an organization is called

A. MBO. B. reengineering. C. radical innovation. D. MBWA. E. continuous improvement.

Business

Full-time workers perform better than part-time workers, but part-time workers are more satisfied

Indicate whether the statement is true or false

Business

The ________ method of computing uncollectible accounts uses income statement relationships to estimate bad debts and is based on the idea that a given percent of a company's credit sales for a period are uncollectible.

What will be an ideal response?

Business

A company's capital structure consists of common stock only, which amounts to $14 million. However, this year, the company plans to issue $7 million of debt, and use the proceeds to repurchase $7 million of its existing equity. The stock repurchase should not change the size of the company. As a result, any change in the firm's earnings per share (EPS) must be a result of the change in its:

A. level of operations. B. beta coefficient. C. EPS coefficient of variation. D. capital structure. E. EPS standard deviation.

Business