Which of the following is not an investing activity?
A) Purchase of investments for cash.
B) Purchase of equipment for cash.
C) Sale of merchandise for cash.
D) Sale of land for cash.
C
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________ is a situation in which one party threatens to do a wrongful act unless the other party enters into a contract.
A. Scienter B. Duress C. Battery D. Assault
From a budgeting view, which of the following statements is not true concerning variances?
A) A favorable expense variance means the budgeted amount was more than actual. B) Cumulative variance = current month's variance + variances of previous months. C) Ideally, cumulative variances for the year will equal zero. D) Ideally, cumulative variances for the year should have a positive value.
______ are future events or occurrences that can take place that are beyond the control of the decision maker.
A. Consequences B. States of nature C. Payoffs D. Decision alternatives
Order-getting salespeople would be required for which one of the following jobs?
A. helping a buyer plan and install a computer and software for use as a website server B. seeking orders from supermarket buyers for a new brand of high protein diet supplement that has been added to the company's line C. helping drug retailers figure out better ways to display and promote their products D. helping an indecisive consumer in a supermarket select the kind of meat she should buy for dinner E. handling a complaint from a furniture store about a shipment that is late