One project factor that directly impacts a firm's internal operations is the:
A) Expected return on investment.
B) Financial risk.
C) Need to develop employees.
D) Impact on company's image.
C
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The proportion of sales volumes for various products in a multiproduct company is known as the sales mix.
Answer the following statement true (T) or false (F)
Functions of administrative agencies include all but which of the following?
A) rulemaking B) mediation of private disputes C) informal advising of individual businesses and consumers D) issuance of guidelines for the business community and others as to what activities are legal in the eyes of agency staff
All of the following statements about the businessowners policy are true EXCEPT
A) Coverage for business personal property includes coverage for leased personal property which the named insured has a contractual responsibility to insure. B) The amount of insurance on the buildings increases by a stated percentage each year. C) Additional coverages include pollutant cleanup and removal. D) The policy must be written with a deductible of at least $2,000 for property losses.
Extreme Sports, a bicycle, ATV, and motorbike retailer, buys its inventory on credit. Before Extreme pays for this merchandise in 60 days, the money owed is classified on its balance sheet as a(n)
A. current asset. B. intangible asset. C. account payable. D. long-term liability. E. account receivable.