A continuous budget is prepared

A) annually.
B) semi-annually.
C) monthly.
D) quarterly.


C

Business

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Unless adding a supplier with a unique and valuable capability clearly adds to total cost, the firm's supply base may be too small

Indicate whether the statement is true or false.

Business

On June 18, Wyman Company (a U.S. Company) sold merchandise to the Nielsen Company of Denmark for €85,000 (Euros), with a payment due in 60 days. If the exchange rate was $1.60 per euro on the date of sale and $1.39 per euro on the date of payment, Wyman Company should recognize a foreign exchange gain or loss in the amount of:

A. $85,000 loss. B. $17,850 gain. C. $118,150 loss. D. $85,000 gain. E. $17,850 loss.

Business

Refreezing a learned behavior takes reinforcement and ________.

A. punishment B. reward C. repetition D. feedback

Business

A credit union uses an MIS to effectively record a large volume of routine payments and deposits. The type of MIS that the bank uses is a(n) ________ system.

A. expert B. executive support C. transaction-processing D. artificial intelligence E. decision support

Business