Theory based on ___________________ states that international and interregional differences in production costs occur because of differences in the supply of production factors.
A. comparative advantage
B. mercantilist advantage
C. absolute advantage
D. resource endowments
E. exchange rates
Answer: D
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Departmental reports are least useful to company management for
a. planning purposes; b. control purposes; c. performance evaluation purposes; d. hiring temporary employees; e. goal-setting purposes.
Which statement regarding efficient supply chains is most accurate?
A. Efficient supply chains traditionally use expensive, but faster, modes of transportation. B. Efficient supply chains emphasize economies of scale by increasing the variety of system configurations offered. C. Efficient supply chains use common platforms and common components across several products. D. Efficient supply chains often operate with relatively low inventory levels. E. Efficient supply chains rely on maintaining large geographically dispersed inventory warehouses.
What is portfolio project management?
Fill in the blank(s) with the appropriate word(s).
Delaware, Inc. purchased raw materials worth $800 for cash. The journal entry to record this transaction will include ________
A) a debit to Cash for $800 and a credit to Raw Materials Inventory for $800 B) a debit to Accounts Payable for $800 and a credit to Raw Materials Inventory for $800 C) a debit to Raw Materials Inventory for $800 and a credit to Accounts Payable for $800 D) a debit to Raw Materials Inventory for $800 and a credit to Cash for $800