______ are the structures and activities—such as the family, education, economics, religious, and political systems—that provide stability to a society.

A. Groups
B. Programs
C Institutions
D. Attitudes


C Institutions

Business

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A company has $200 in cash, $500 in accounts receivable, and $700 in inventory. If current liabilities are $400, then the quick ratio would be

a. 1.75 to 1 b. 2.25 to 1 c. 3.00 to 1 d. 3.50 to 1

Business

Match the variance to the correct definition.

A) measures how well the business uses its materials or human resources B) the difference between the expected results in the flexible budget for the actual units sold and the static budget C) the difference between actual results and expected results in the flexible budget for the actual units sold D) measures how well the business keeps unit material and labor costs within standards E) the difference between actual results and the expected results in the static budget 1) Cost variance 2) Efficiency variance 3) Flexible budget variance 4) Sales volume variance 5) Static budget variance

Business

Oreos are less sweet or less bitter in certain countries. This is an example of straight product extension

Indicate whether the statement is true or false

Business

Increases in the number of working women have negatively affected direct sellers from the perspective of supply of workers and the presence of females in the home during working hours

Indicate whether the statement is true or false

Business