A quick ratio of 1.5 to 1 indicates that quick assets are more than adequate to meet current obligations
a. True
b. False
Indicate whether the statement is true or false
True
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______ are ways of presenting numerical information with visual representations.
a. Text b. Graphs c. Models d. Photographs
Nadia always completed her work ahead of schedule. She was known as a fast and accurate worker. When group incentives were initiated, the rest of her work team could not keep pace with Nadia. Many members of the team told Nadia to stop making them look bad. Eventually, Nadia matched her work pace to the rest of the team. This illustrates which disadvantage of group incentives?
A. Social loafing may occur. B. Individual output may be discounted. C. Outstanding performers may slacken efforts. D. Group infighting may arise.
Descriptions of cost behavior as fixed or variable pertain to a particular range of activity.
Answer the following statement true (T) or false (F)
Which of the following is NOT part of the definition of a market?
a. people who need and want a product b. people who have the ability to purchase a product c. people who want a product but can’t afford it d. people who have the authority to purchase a product e. people who have the willingness to purchase a product