Which of the following is NOT true when comparing goods and services?
A. Goods are easily stored while services cannot be stored.
B. It is easier to produce consistent quality goods as compared to services.
C. Services are intangible while goods are tangible.
D. Services are usually produced in front of customers, whereas goods are not.
E. Customers rely more heavily on recommendations when purchasing goods as compared to services.
Answer: E
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The inventory system whereby the merchandise inventory account balance is merely a record of the most recent physical inventory count is called
a. perpetual. b. LIFO. c. FIFO. d. periodic.
Establishing an international ________________ as a profit center is a way for the company to increase internal efficiencies in cash flow management.
Fill in the blank(s) with the appropriate word(s).
The official reporter for U.S. Supreme Court cases is:
a. Supreme Court Reporter. b. United States Reports. c. Lawyer's Edition. d. The Supreme Court Web Site. e. Westlaw.
If you must turn down a job offer, employment experts suggest you should send the employer a letter
A) declining the offer, providing a thorough explanation of the reasons for declining, and expanding on your qualifications for a new position B) thanking the employer for the offer and briefly declining the position. C) specifying personal reasons for your decision. D) declining the position and offering assistance finding your replacement.