A written stop payment order or confirmation is effective for:
A) fourteen (14 ) days
B) thirty (30 ) days.
C) six (6 ) months.
D) one (1 ) year.
C
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The dynamic gains from trade include all of the following EXCEPT
a. economies of large-scale production resulting in decreasing unit cost. b. increased saving and investment resulting in economic growth. c. increased competition resulting in lower prices and wider range of output. d. increasing comparative advantage leading to specialization.
What can help uncover correlations and trends in data that would otherwise go unrecognized?
A. Infographics B. Data visualization tools C. Business intelligence dashboards D. Informing
Jake's Auto Repair receives an invoice for some equipment he purchased on credit. The full face value of the invoice is to be paid within 60 days. However, if it is paid within 10 days, Jake can take a 6 percent discount off the face value of the invoice. Which of the following notations accurately represents the conditions described above?
A. 10/6, net 60 B. 60/6, net 3 C. 6/10, net 60 D. 24/7, net 6 E. 10/60, net 6
McCartney Consulting Group is a management-consulting firm that provides its expertise to businesses that employ its services. Since it does not hold an inventory of goods or produce any goods itself
a. its gross profit could be identical to its net revenue. b. its revenue will equal its net income. c. it is unlikely to have any operating expenses. d. its balance sheet will not record any current assets.