The four-digit codes used by the government to classify firms into industries are known as

A) ratio standards.
B) EIC codes.
C) USIC codes.
D) financial benchmarks.
E) SIC codes.


E

Business

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One example of a periodic independent verification is the bank reconciliation

Indicate whether the statement is true or false

Business

In order to become a holder in due course, one must take a negotiable instrument without notice

of the following except: A) That the instrument was signed by an agent. B) That the instrument is overdue. C) That the instrument has been dishonored. D) That there is a defense against it. E) That there was a claim to it by another person.

Business

What is the maximum inventory level?

A company distributes repair parts for high-end appliances. The annual demand is 81,000 and the company operates 300 days per year. The annual carrying cost is 20% of the item cost, which is $500. The ordering cost is estimated at $60 and the shortage cost is $150.

Business

An administrative hearing may be tried to an administrative law judge or a jury

Indicate whether the statement is true or false

Business