What does a petty cash fund represent?
a. It represents the amount of cash a company has restricted for a specific purpose.
b. It represents the investment that is readily convertible into cash and has an original maturity of three months or less.
c. It represents the excess cash a company generates beyond what it needs to invest in productive capacity and pay dividends to stockholders.
d. It represents the amount of cash kept on hand to pay for minor expenditures.
d
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Costs of trading are referred to as ________ costs.
A. trading B. menu C. shoe-leather D. transactions
In the EOQ model, if no quantity discounts are allowed, then the unit purchase price of the materials______.
A. is constant because it is unaffected by the quantity ordered B. varies according to the quantity ordered C. varies according to the quality of the materials D. varies depending on the period when materials are ordered
A company must do all of the following to match structure to strategy EXCEPT
A. institute networking and communication arrangements to support strategy execution. B. set up "ideal" organizational arrangements despite having to disturb existing relationships. C. choose a basic organizational design and modify it to fit the company's particular business. D. supplement the design structure with coordinating mechanisms. E. knit the efforts of outsourced groups together.
The difference between the price the coporation gets and the public offering price is called the broker-dealer spread
Answer the following statement(s) true (T) or false (F)