Which of the following is a core activity according to the value chain model?
A) human resource activities
B) technology development
C) operations and manufacturing
D) administrative activities
E) infrastructure activities
C
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A $18 credit to Sales was posted as a $180 credit. By what amount is the Sales account in error?
A. $180 understated. B. $162 overstated. C. $18 understated. D. $162 understated. E. $180 overstated.
Which of the following occurs when the board of directors declares a 3-for-1 stock split on 20,000 outstanding shares of $25 par common stock?
A) The par value of the stock remains the same. B) The par value of the stock increases to $50 per share. C) The number of outstanding shares remains at 20,000. D) The number of outstanding shares increases to 60,000.
Sometimes, bad news should be prefaced with a buffer that cushions the blow. Which of the following is not a proper rule for creating an effective buffer?
A) Compliment your reader. B) Avoid placing blame or offending the reader. C) Sway your reader to accept the bad news with facts. D) Use three to four sentences.
On-the-job training is considered informal because it does not occur as part of a formal classroom program.
Answer the following statement true (T) or false (F)