If a person buys a computer, the sales contract for it would be subject to Article 2 of the UCC.
Answer the following statement true (T) or false (F)
True
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Concerning the management of foreign exchange risk, some business firms do not hedge at all either because they cannot determine how much money will be coming in from abroad or because they have a deliberate strategy of allowing currencies to balance each other out around the world.
a. True b. False
Inventory control performs all of the following tasks except it
a. provides production planning and control with the inventory status report of finished goods b. updates the raw material inventory records c. prepares a materials requisition for each production batch d. records the completed production as an increase to finished goods inventory
Assume a corporation has 4,000 shares of $60 par, $3 cumulative preferred stock. In year one, no dividend is declared. In year two, a $6,000 dividend is declared. In year three, a $40,000 dividend is declared. How large a dividend is set aside for the preferred stock in year three?
a. $36,000 b. $30,000 c. $18,000 d. $42,000 e. $38,000
An OLAP report has measures and dimensions. Which of the following is an example of a dimension?
A. average cost B. average sales C. total sales D. average net sales E. sales region