As life spans increase and birth rates decrease, the American population is rapidly aging. This may most likely lead to:

A. an increase in taxes as state and federal governments stretch to serve the aging population.
B. a decline ofcompanies in fields such as healthcare, pharmaceuticals, and financial management. 
C. a decrease in competition among companies to recruit top talent.
D. an increase in the size of the consumer market.


Answer: A

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With regard to preferred stock,

a. its issuance provides no flexibility to the issuing company because its terms always require mandatory dividend payments. b. no dividends are expected by the stockholders. c. its stockholders may have the right to participate, along with common stockholders, if an extra dividend is declared. d. there is a legal requirement for a corporation to declare a dividend on preferred stock.

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Under the Americans with Disabilities Act (ADA) of 1990, it is imperative to distinguish "essential" from "nonessential" functions prior to announcing a job or interviewing applicants.

Answer the following statement true (T) or false (F)

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Consider the data on Inventory of Widgets Over a 10-Day Period. Any time that ending inventory falls to 15 or below, an order is placed for 20 units of the product. The lead time for delivery varies and is shown in the column under Lead Time. If the inventory costs are $5 per widget, what are the total inventory costs during the 10-day period?



A. $115
B. $575
C. $45
D. $230

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According to the Federal Trade Commission (FTC), ________ occurs when qualifying information necessary to prevent a practice, claim, representation, or reasonable belief from being misleading is not disclosed.

A. fraud B. misleading omission C. affirmative disclosure D. misinterpretation E. coercion

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