Which of the following is LEAST likely to be a low-cost leadership competitive advantage?

A) low overhead
B) effective capacity use
C) inventory management
D) broad product line
E) mass production


D

Business

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When preparing a statement of cash flows using the indirect method, an increase in accounts payable is added to net income

Indicate whether the statement is true or false

Business

Process innovation ______.

a. is the development and introduction of a brand-new product or service through changes in product design b. is the development and introduction of a brand-new product or service through changes in materials and components used in the product c. refers to the way materials are ordered and delivered to a company d. refers to the changes in the way in which product is produced or a service is delivered within the firm or across a supply chain.

Business

Contra asset accounts, such as Accumulated Depreciation, always have normal debit balances

Indicate whether the statement is true or false

Business

Investors seeking current income that tends to increase over time should purchase

A) corporate bonds. B) income stocks. C) growth stocks. D) speculative stocks.

Business