A firm with a gross profit margin which meets industry standard and a net profit margin which is below industry standard must have excessive ________
A) general and administrative expenses
B) cost of goods sold
C) dividend payments
D) principal payments
A
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The firm allows no more than 10 hours of overtime a week. An employee entered "15" in the field. Which control will detect this error?
Conflict, red tape, and highly political environments are all examples of what type of stressor?
A. task B. hindrance C. challenge D. obstruct
Which of the following is a ground for revoking an acceptance?
A) if the seller makes a timely cure of nonconforming goods B) if the goods are accepted after the nonconformity is discovered C) if the buyer has accepted only one commercial unit from the entire unit D) if the nonconformity substantially impairs the value of the goods to the buyer
A light-bulb exploded when it was switched on. Which of the following people may recover under the implied warranty of merchantability of they are injured? a.The purchaser of the bulb only b.The purchaser of the bulb and family members living in the home only c. The purchaser of the bulb, family members living in the home and guests only d. No one unless the bulb was guaranteed not to explode