Top management of a public corporation legally report to the shareholders
a. True
b. False
Indicate whether the statement is true or false
False
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Anika, a division manager, is purchasing materials to ensure she has enough to meet customers' demands. Anika is engaging in the ________.
A) planning function B) directing function C) controlling function D) decision function
Which of the following would constitute the creation of an express warranty for goods?
A) description of the goods B) commendation of the goods C) prior experience with the goods D) affirmation of the value of the goods
Zack Pride is an experienced salesperson who has worked for the same company for 20 years. When he is informed that he must attend a training seminar the following Tuesday, he believes it will most likely be about
A. the company. B. his customers' companies. C. basic selling methods. D. new-product information. E. prospecting.
Dividing Accounts receivable, net by Net sales and multiplying the result by 365 is the:
A. Current ratio. B. Days' sales uncollected. C. Accounts receivable turnover ratio. D. Average accounts receivable ratio. E. Profit margin.