Which of the following is an example of procedural law?
A. The rules as to how a court's decision is to be enforced
B. The privilege of receiving food stamps
C. The right of self-defense
D. The freedom of speech granted by the U.S. Constitution
Answer: A
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Which of the following companies would be most vulnerable to reduced profits as a result of
increased consumer bargaining power? A) an LCD TV maker B) a sports shoes seller C) a refined sugar manufacturer D) a provider of spares for trucks
Based on the findings of the 2011 National Business Ethics Survey, what is not a positive trait for baby boomers?
a. Hardworking b. Idealistic c. committed to harmony d. Tech savvy
A business makes a payment of $1,400 on a note payable. Which of the following journal entries would be recorded?
A) Cash is credited and Notes Payable is debited for $1,400. B) Notes Payable is credited and Cash is debited for $1,400. C) Cash is credited and Financing Expense is debited for $1,400. D) Cash is debited and Financing Revenue is credited for $1,400.
The capital intensity ratio is the amount of assets required per dollar of sales and it has a major impact on a firm's capital requirements.
Answer the following statement true (T) or false (F)