Happta is a corporation with tax-exempt status. It has members but cannot have stockholders. Given this information, Happta is most likely a(n):
A. S corporation.
B. C corporation.
C. not-for-profit corporation.
D. statutory close corporation.
Answer: C
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Which of the following describes a computer-based system in which users' messages appear on each other's screens instantly?
A. Wikis B. Microblogs C. Blogs D. Email E. Instant messaging
An organization that wants to provide its employees with always-available information, company forms, and contact capability should use which of the following?
a. Intranet b. Extranet c. Voice mail d. Email
Why is workers' compensation said to be "no fault"?
A) Compensation recovery does not depend on showing that the injury was caused while on the job. B) Compensation recovery does not depend on showing that an employee could have managed to avoid the injury. C) Compensation recovery does not depend on showing that the injury was caused by an error of the employer. D) Compensation recovery does not depend on showing that the employee intentionally hurt himself or herself to claim monetary benefit.
Exhibit Cartwright Computing Cartwright Computing expects to order 126,000 memory chips for inventory during the coming year, and it will use this inventory at a constant rate. Fixed ordering costs are $200 per order; the purchase price per chip is $25; and the firm's inventory carrying costs is equal to 20 percent of the purchase price. (Assume a 360-day year.) Refer to Exhibit Cartwright Computing. If the lead time for placing an order is 5 days, and Cartwright holds a safety stock equal to a 30-day supply of chips, then at what inventory level should an order be placed?
A. 15,570 B. 3,175 C. 12,250 D. 13,675 E. 8,124