Cash budgets are completed only on an annual basis because shorter periods of time are too
variable and uncertain for meaningful results.
Indicate whether the statement is true or false
FALSE
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To prop up a currency, a country must
A. reduce its interest rates. B. limit the movement of capital. C. use its reserves to purchase its own currency in the foreign-exchange market. D. sell its gold stock.
Which of the following statements holds true for the purchase of staple merchandise?
A. Staple merchandise is purchased using a continuous replenishment system by monitoring sales and generating replacement orders. B. The main objective of staple merchandise buying is to be as close to out of stock as possible. C. Buyers often do not reorder additional merchandise after placing the first order. D. The staple merchandise buying system requires more experienced buyers. E. Buyers for staple merchandise categories have much less flexibility in correcting forecasting errors.
It is generally safe to write positive letters of recommendation for former employees
Indicate whether the statement is true or false.
Mason has a special project due at the end of the month. He is worried about completing the project on time because he has been placed into a team of people whom he has never met. They have all worked in the company for many years, but they are also all from different departments. Mason’s team is a ______.
A. cross-functional team B. self-managing team C. problem-solving team D. virtual team