While consumer and business markets differ in many ways, the volatility of demand for products is about the same for each type of market.

Answer the following statement true (T) or false (F)


False

The demand for business products tends to be more unstable than the demand for consumer products.

Business

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The current liability section of the balance sheet should include:

a. buildings. b. goodwill. c. land held for speculation purposes. d. accounts payable. e. None of the answers are correct.

Business

A(n) ________ identifies how much cash is needed to meet financial obligations and the source of that cash

A) business statement B) income statement C) capitalization statement D) cash-flow statement E) balance sheet

Business

Steven, Inc. uses the perpetual inventory system. The company's management, under pressure to report favorable results to shareholders, included $15,000 of inventory that had already been sold in its ending inventory. Indicate whether this misstatement would overstate (O), understate (U), or not affect (NA) each of the elements of the financial statements. You do not need to enter amounts. AssetsLiabilitiesStk. EquityRevenuesExpensesNet IncomeStmt of Cash Flows???????

What will be an ideal response?

Business

Which employee best exhibits organizational citizenship behavior?

A. Greyson: an efficient manager who doesn't work beyond the minimum hours stipulated by his company B. Vicky: an agreeable manager who has a high need for affiliation and a low need for achievement C. Seth: an astute employee who is always on the lookout for better jobs D. Kara: a hardworking employee who is willing to work overtime for her company if a project necessitates it E. Moses: an efficient manager who, as a matter of principle, never consents to work on weekends

Business