In a(n) ________ inventory system, a constant amount is ordered when inventory declines to a predetermined level
A) optimal
B) economic
C) periodic
D) continuous
Answer: D
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Contingency planning is also known as
A. organizational opportunities. B. scenario goal-setting and plans. C. a trend analysis. D. scenario planning and scenario analysis. E. strategic planning.
A contract is said to have legal value if ________.
A. both the promisor and the promisee receive a legal benefit B. the promisor suffers a legal detriment C. the promisee suffers a legal detriment D. the promisee receives a legal benefit
If the forecasted sales level is not met, which of the following will lead to a lower than expected addition to retained earnings??
A. ?A decrease in production facilities B. ?An increase in fixed charges on external financing C. ?Assets being turned over quickly D. ?A significant increase in income E. ?Inventories being built up quickly
It is best for college students to wait and begin saving once they are "making more money."
Indicate whether this statement is true or false.