Biomimicry exemplifies high technology and corporate social responsibility by engaging in which of the business practices listed below?
a. Biomimicry allows their staff one day per month of volunteer time at other eco- friendly organizations.
b. Biomimicry encourages their partners to donate a percentage of their sales from biologically inspired products to habitat preservation of the organism from which the innovation was derived.
c. Biomimicry buys sensitive habitat, turns it into conservation land and conducts biomimicry research on it.
d. Biomimicry partners with organizations such as the World Wildlife Fund to conduct research on the planet's most highly endangered species.
e. All of the above are ways in which Biomimicry combines high technology with CSR.
B
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Deposit slips are usually generated by the B/AR/CR process:
a. at the time invoices are prepared b. by manual procedures c. electronically d. as part of processing cash receipts
Which of the following media timing factors expresses the rate at which new customers enter the market?
A) buyer turnover B) purchase frequency C) media reach D) weighted number of exposures E) advertising impressions
Which of the following is NOT an acceptable task for a retail store manager?
A) making the cash deposit at the bank B) proving the cash by comparing the cash in the drawer against the point-of-sale terminal's record of cash sales C) using the point-of-sale terminal's tape to record the journal entry for sales revenue D) overseeing the work of the sales clerks
Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business are $260,000, $350,000, and $400,000, respectively, for September, October, and November. The company expects to sell 30% of its merchandise for cash. Of sales on account, 80% are expected to be collected in the month of the sale, 20% in the month following the sale,
and the remainder in the following month. The cash collections in October from accounts receivable are: A) $232,400 B) $240,000 C) $210,000 D) $337,400