If a firm has a limited capital budget to fund its capital projects, it is said to be facing the problem of ________

A) constrained capital
B) wealth optimization
C) capital rationing
D) profitability


C

Business

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When only a very small amount of money has been embezzled:

a. taking no action is the best course of action. b. the perpetrator should be punished by publishing the details of the fraud in the local newspapers. c. the perpetrator should be prosecuted. d. the company should transfer the perpetrator to a position with more supervision.

Business

When goods are defective and the buyer provides the seller with notice, which of the following remedies is applicable?

A. The buyer can claim only incidental damages. B. The buyer cannot recover damages and can only get the reimbursement amount that the seller thinks is reasonable. C. The buyer is entitled to only consequential damages. D. The buyer can recover the difference between the value of the goods received and the value the goods would have had if they had been as warranted.

Business

Which of the following accounts is not classified as a cost of goods sold account?

a. Purchases b. Merchandise Inventory c. Purchases Discounts d. Freight-In e. Purchases Returns and Allowances

Business

Many years ago, Sprint Telecommunications aired an advertisement intended to demonstrate the clarity of reception Sprint customers could expect. The ad showed a rancher, who had used a different company, complaining that he had ordered 100 oxen from his supplier and instead received 100 dachshunds. The mix-up was probably due to the presence of ________ in the communication process.

A. network confusion B. signal complexity C. noise D. competing messages E. message filtering

Business