When a firm initiates or increases a cash discount, sales are expected to ________, the investment in accounts receivable is expected to ________, the bad debt expense is expected to ________, and the profit per unit is expected to ________
A) decrease; increase; increase; increase
B) decrease; decrease; increase; increase
C) increase; increase; decrease; decrease
D) increase; decrease; decrease; decrease
D
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Which of the following defines a proxy contest?
A) an instance of proxies awarded to the shareholder with the highest bid B) an event in which insurgent shareholders and incumbent directors solicit proxies from other shareholders C) an event in which proxies are chosen by voting between different factions of shareholders D) an event in which a corporation seeks affirmative majority from its shareholders in the event of a hostile tender
Which of the following systems and procedures tools readily identifies whether or not employees are performing too many duplicate activities?
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