Small businesses have a greater potential to provide good customer service than larger firms do.
Answer the following statement true (T) or false (F)
True
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What is a price differential and how is it computed? What information does a price differential provide to an analyst?
Which of these statements is not true?
a. Asset, liability, and stockholders' equity accounts are referred to as permanent accounts. b. Revenue, expense, and dividend accounts are described as temporary accounts. c. Temporary accounts are closed at the end of the period to retained earnings. d. The balance sheet will not balance until the temporary accounts are closed to retained earnings. e. With double-entry, each transaction is recorded twice.
What effect does decoupling have on the employees in the organization?
a. More employees leave the organization. b. Productivity decreases. c. There is increased conflict between supervisors and employees. *d. They think the organization “does not mean it.”
Which of the following is NOT a benefit of holding inventory?
A) minimizes the risk that the firm will not be able to obtain an input it needs for production B) seasonality of demand, meaning that customer purchases often do not match the most efficient production cycle, leading to a buildup of inventory in off-peak periods C) minimizes order cost from placing multiple orders throughout the year D) minimizes risks involved in spoilage and obsolescence