Describe how to compute the cost of goods available for sale
The cost of goods available for sale is the sum of the following two factors:
(1 ) The amount of merchandise on hand at the beginning of the period.
(2 ) The net purchases during the period. Net purchases consist of total purchases plus freight-in less any deductions such as purchases returns and allowances and discounts from suppliers for early payment.
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Clawback provisions and whistleblower provisions are components of which legislation?
A. Gramm-Leach-Bliley Act. B. Securities Exchange Act. C. Sarbanes-Oxley Act. D. Dodd-Frank Act. E. Glass-Steagall Act.
Which of the following is not a phase in the rational model of decision making?
A) Pre-analysis phase B) Analysis phase C) Post-analysis phase D) Design phase
A researched surveyed 121 employees for 2 weeks at various times during the day and had them record their moods and emotions. She also asked people to assess their job satisfaction with the various facets of their job such as pay, supervision, promotion opportunities, coworkers, and the work itself. She found that
a. the frequency with which the employees experienced positive emotions at work was negatively related to overall job satisfaction when controlling for their satisfaction with the facets of their job such as pay and so forth b. the frequency with which the employees experienced positive emotions at work was unrelated to overall job satisfaction when controlling for their satisfaction with the facets of their job such as pay and so forth c. the frequency with which the employees experienced positive emotions at work explained overall job satisfaction even when controlling for their satisfaction with the facets of their job such as pay and so forth d. pay satisfaction and supervisor satisfaction were the only variables that explained over job satisfaction
Which of the following statements about the legal environment in the United States is true?
A. Businesses managers are not subject to civil laws. B. Many laws try to limit competition among firms. C. Consumer protection laws were introduced in the United States after 1940. D. Individual managers are subject to criminal penalties. E. The Food and Drug Administration (FDA) has no right to seize any product even if it violates the regulations.