Which type of business product represents goods, such as portable tools and office equipment, that are less expensive and shorter-lived than major equipment?
A. accessory equipment
B. component parts
C. processed goods
D. supplies
E. intermediate goods
Answer: A
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The Sarbanes-Oxley Act, passed in 2002, ________
A) enabled greater flexibility in how companies disclosed financial information B) bolstered Regulation FD C) nullified Regulation HD-1A D) mandated that publicly traded companies disclose internal payroll records
Convergent thinking describes thought processes or methods used to generate ideas. _________________________
Answer the following statement true (T) or false (F)
The Congress passed the Sarbanes-Oxley Act on:
a. July 30, 2000. b. July 30, 2002. c. July 30, 2003. d. July 30, 2001.
A lockbox plan is most beneficial to firms that
A. have suppliers who operate in many different parts of the country. B. have widely dispersed manufacturing facilities. C. have a large marketable securities portfolio, and cash, to protect. D. receive payments in the form of currency, such as fast food restaurants, rather than in the form of checks. E. have customers who operate in many different parts of the country.