The Securities Act of 1933 is also referred to as the "blue sky" law
a. True
b. False
Indicate whether the statement is true or false
False
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A company places $10,000 into a money market account for four months. The account is expected to pay 9 percent annual interest, compounded monthly. After one month, the entry to record interest earned is:
a. Short-Term Investments 75 Interest Income 75 b. Cash 75 Interest Income 75 c. Interest Income 75 Cash 75 d. Cash 75 Interest Receivable 75
Elliot was asked to privately nominate two of his subordinates for promotion to a sales position. He gave the human resource management director the names of his two top workers, Nick and Allison. This recruitment method is known as ______.
A. open recruitment B. targeted recruitment C. closed recruitment D. regular recruitment
The Home Depot entered the market as a store for professional and amateur plumbers, electricians, and carpenters. Then it introduced its garden centers
Next came its home design center that provides help with all kinds of interior decorating problems. Now it is enlarging its garden centers and hiring knowledgeable gardeners to staff these centers. The addition of more amenities and greater assortment can be best explained by which of the following? A) the interconnectedness of the retail life cycle B) the trend toward disintermediation C) the success of off-price retailers D) the wheel-of-retailing hypothesis E) the 80/20 rule of retailing
As companies experience a shift from labor-intensive operations to automated operations, which of the following costs becomes more difficult to trace to products?
A) Administrative costs B) Direct labor costs C) Direct material costs D) Overhead costs