The operating cycle will decrease if you decrease the:
A) days sales in inventory.
B) days in accounts payable.
C) cash cycle by increasing the accounts payable period.
D) accounts receivable turnover rate.
E) speed at which inventory is sold.
A) days sales in inventory.
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An excess materials requisition is a control that signals that a greater than standard quantity of materials is being ordered from the vendor
Indicate whether the statement is true or false
One of the simplest ways a salesperson can practice time management skills is to create a(n):
A) daily to-do list B) personal Web site C) written file card system D) mentoring relationship with a senior salesperson E) support group of salespeople to keep each other on track
Price leaders, comparison discounting, and special-event pricing are applications of
A. psychological pricing. B. professional pricing. C. product-line pricing. D. periodic discounting. E. promotional pricing.
Corporate boards hire ________ directors to provide different information and perspectives and to prevent big mistakes.
A. cooperating B. affiliative C. authoritative D. dual E. outside