While working a simple EOQ problem, you notice that, with a certain lot size, the annual ordering
cost is exactly the same value as the annual inventory carrying cost. Which of the following is true?
A) The annual carrying cost will decrease if the order quantity is increased.
B) Total cost is at its maximum.
C) The lot size is the economic order quantity.
D) all of the above
E) none of the above; the phenomenon is merely a coincidence
C
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Answer the following statements true (T) or false (F)
1. Internal integration is the way an organization reacts to outside influences while external adaptation is the process of creating a shared identity among employees. 2. The three situations in which organizational culture can become dysfunctions are change, diversity, and mergers and acquisitions hindrances. 3. Networked cultures are characterized by a high degree of trust between employees and a willingness to communicate and share information. 4. The identifying characteristic of fragmented cultures is that making money is the top priority.
Which of the following is/are true?
a. Trading securities can be classified as current or noncurrent depending on management's intent. b. Held-to-maturity securities should not be classified as current under any circumstance. c. Trading securities should not be classified as current under any circumstance. d. Available-for-sale securities can be classified as current or noncurrent depending on management's intent. e. None of these answer choices is correct.
Which of the following transactions or events should be reported as a source of cash from operating activities when using the direct method?
A. Cash received from the sale of a building. B. Credit sales. C. Cash received from the sale of treasury stock. D. Depreciation expense. E. Cash collections from customers.
A significant advantage to a consumer of a credit card system in comparison to a debit card system is _____
a. the delayed payment benefit b. higher security c. tightened privacy d. lower cost