What is the difference between a forward auction and a reverse auction?
What will be an ideal response?
In a forward auction, a buyer puts forth what he or she is seeking to purchase and sellers respond with bids; in a reverse auction, a buyer also indicates the exact price he or she is willing to pay for a product or service.
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The allocation of income tax expense across periods when book and tax income differ is called:
A. intraperiod tax allocation. B. constructive receipt allocation. C. interperiod tax allocation. D. current income tax allocation.
A petition for bankruptcy that is filed by creditors against a debtor is known as
A. a recovery action. B. an order for relief. C. a voluntary bankruptcy. D. an involuntary bankruptcy.
Dominique Astor, a wealthy widow, visits the Inn at Chelmsford a few times each year. When she arrived this past time, she noticed in her room there was a free complimentary box of her favorite Italian chocolates, and a copy of the paper she reads every morning she stays with them. In addition, she was greeted by name and was given her preferred suite. This is an example of the ______.
a. basics driver b. enhancement driver c. wow driver d. personalize driver
Which of the following is most likely to be the reason companies design flexible capacity systems?
A. to downsize capacity quickly in case competent labor is not available to make full use of the designed capacity B. to expand an existing facility that has extra capacity instead of relocating to larger facilities elsewhere C. to accommodate government requirements D. to produce quality products