Benji, a truck driver, is told by his boss, Penny, to quickly deliver a load of steel and to get to the location within an hour regardless. Benji replied, "That's impossible—I'd have to go 90 miles per hour to do that." Penny said, "Well, you'd best get started." Not surprisingly, Benji was stopped by a highway patrol officer and fined for both speeding and reckless driving. When he went to
court, Benji told the judge that he should be found innocent because he was only acting upon orders of his boss, Penny. Is Benji correct?
a. Yes.
b. No.
c. Yes, but only if he can establish that he had a written contract obligating him to follow Penny's orders.
d. Yes, but only if he has no previous record of speeding.
b
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The base sales of an organization that takes place even without any demand-stimulating expenditures is called ________
A) primary demand B) market potential C) market minimum D) optimum demand E) market demand
That the real interest rate will be the nominal interest rate minus the expected rate of inflation is known as the ______________.
Fill in the blank(s) with the appropriate word(s).
During Year 6, Delta Company had a net $4,000 increase in customer advances. The T-account work sheet for preparing the statement of cash flows
a. subtracts this excess from net income in deriving cash flow from operating activities. b. adds this excess to net income in deriving cash flow from financing activities. c. adds this excess to net income in deriving cash flow from operating activities. d. subtracts this excess from net income in deriving cash flow from financing activities. e. subtracts this excess from retained earnings in deriving cash flow from operating activities.
Usually use an explanatory title for illustrations
a. true b. false