Materials a company acquires to use in making products are called:
A. Cost of goods sold.
B. Finished goods inventory.
C. Conversion costs.
D. Work in process inventory.
E. Raw materials inventory.
Answer: E
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A Methodist church sought to hire a pastor for its new church. When a member of the Catholic faith applied for the job, the church rejected the application. The church’s defense was that being Methodist was _______.
A. disparate treatment B. disparate impact C. affirmative action D. a bona fide occupational qualification E. None of the above
A buy-and-hold strategy is generally riskier than a market-timing strategy
Indicate whether the statement is true or false.
Consider the statement “If it is not in the plan, it doesn’t get built.” How does that relate to the need for regular personal planning?
What will be an ideal response?
A shopping center that contains stores owned by manufacturers who make a special effort not to conflict with traditional retailers is a(n)
A. strip mall. B. neighborhood shopping center. C. off-price mall. D. lifestyle shopping center. E. outlet shopping center.