A felony is

a. less serious than a misdemeanor.
b. more serious than a violation, infraction, or petty offense.
c. by law not a true crime.
d. punishable by imprisonment in a local institution such as county jail for more than one year.


B

Business

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Trade receivables are amounts due from customers and non-trade receivables are amounts due from all other parties

Indicate whether the statement is true or false

Business

Which of the following describes a situation when skimming should be used?

A) when experience or scale effects lead to a favorable volume—cost relationship B) when there is a strong price—perceived quality relationship C) when a large segment of the customer base is price-sensitive D) when the company wants to build significant market share

Business

Which one of the following is NOT commonly used by public relations firms to charge clients for services?

A. Percentage of sales achieved D. Retainer plus staff time B. Straight hourly charges E. Project fixed fee C. Monthly retainer

Business

If the production manager decides to produce of 400 bottles of light beer and 0 bottles of dark beer, it will result in slack of:

A) malt only. B) wheat only. C) both malt and wheat. D) neither malt nor wheat.

Business