____ is a short-term investment activity
a. Buying life insurance
b. Buying bonds
c. Investing in common stock
d. Speculating in common stock
e. Saving
D
You might also like to view...
In a just-in-time environment using backflush costing, the entry to record the use of materials for the month's production is debit __________ and credit __________
a. Work in Process Inventory; Materials Inventory b. Cost of Goods Sold; Finished Goods Inventory c. Conversion Costs; Accounts Payable d. No entry
Which of the following sets of documents are in the correct sequence?
A) Purchase order, check, receiving report B) Purchase requisition, purchase order, invoice C) Purchase requisition, receiving report, purchase order D) Purchase order, purchase requisition, invoice
Any decision by the management of Fast-Food Franchise Corporation may significantly affect its
a. operators only. b. operators, owners, suppliers, the community, or society as a whole. c. owners only. d. suppliers, the community, or society as a whole only.
Meatpackers, Inc, enters into a contract with Nemiah's Ranchfor the delivery of a certain number of beef cattle on a set schedule. Nemiah's delays the first delivery for five days, aware that Meatpackers loses a certain percentage of profit each day. An award to Meatpackersof consequential damages would
a. establish, as a matter of principle, that Nemiah's acted wrongfully. b. provideMeatpackerswith funds for a foreseeable loss beyond the contract. c. provideMeatpackerswith funds for its loss of the bargain. d. punishNemiah's and set an example to deter othersuppliers from similar acts.