A commodity raw material that comes from Africa, is refined in Asia, is shipped to South America for finishing, and finally is transported to the Middle East and then sold around the world mimics products marketed by:

A) Exxon.
B) McDonald's.
C) Caterpillar.
D) IKEA.
E) Sears.


D

Business

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If a landlord and a tenant agree that the tenant will pay rent at regular successive intervals but do not agree on a specific lease duration, the agreement is a ________.

A. tenancy at will B. tenancy for a term C. periodic tenancy D. tenancy at sufferance

Business

Recent advances in technology have enabled ______.

A. suppliers to charge a higher price for their services B. greater choice of service processes C. suppliers to circumvent government regulations more easily D. suppliers to circumvent ISO requirements more easily

Business

Direct physical contact, such as intentionally hitting someone with a fist, is considered battery.

Answer the following statement true (T) or false (F)

Business

The organization whose primary function is to provide a means to share information among cost and management accountants in the United States is the

a. Internal Revenue Service. b. American Institute of CPAs. c. Institute of Management Accountants. d. Institute of Certified Management Accountants.

Business