A major disadvantage of the retail method of accounting is _____
a. that it does not reflect markdowns
b. that perpetual inventory systems must be maintained
c. that book inventory value cannot be computed
d. the requirement of a detailed bookkeeping system
d
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What will be an ideal response?
Which of the following best describes the heart of a crisis communications plan?
A) comparing and contrasting different approaches to crisis management B) coordinating communication with media, community, and stakeholders C) scheduling and assessing practice drills for likely situations D) evaluating the causes and long-term effects of a firm's crisis E) delving into worst-case scenarios and unusual possibilities
A plan of reorganization under Chapter 13 will be confirmed when the:
a. debtor has not been discharged before. b. unsecured creditors are not discharged. c. unsecured creditors receive the same amount as the secured creditors. d. unsecured creditors receive at least as much as they would have if the debtor had liquidated.
The issue of product availability and the level of safety inventory is particularly significant in industries where
A) product life cycles are short and demand is stable. B) product life cycles are short and demand is very volatile. C) product life cycles are long and demand is stable. D) product life cycles are long and demand is very volatile.