When a business factors its accounts receivables, the business ________.
A) uses the receivables as security for a loan
B) no longer has to deal with the collection of the receivables from the customers
C) receives the total amount of the receivables from the factor
D) receives cash, less an applicable fee, after the factor collects from the customers
B) no longer has to deal with the collection of the receivables from the customers
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Which of the following is an example of a period cost for a manufacturing company?
A) advertising expense B) depreciation on factory equipment C) indirect materials D) property taxes for the factory
In proposing a ________ strategy, the marketing manager usually is convinced that a strong price-quality relationship exists for the product.
A. penetration pricing B. price skimming C. target ROI D. competitor-based pricing E. value pricing
If a savings account offers a 10% annual interest rate compounded monthly, your actual return will be greater than 10%
Indicate whether the statement is true or false.
The difference between pluralistic organizations and multicultural organizations is that pluralistic organizations
A. are marked by lower levels of intergroup conflict. B. have much more structural integration. C. are marked by an absence of discrimination and prejudice. D. do not use an affirmative action approach. E. fail to address cultural integration.