The ability to pay bills when due and to meet unexpected needs for cash most closely describes
A) cash flow adequacy.
B) long-term solvency.
C) liquidity.
D) profitability.
C
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Which of the following is generally considered a best practice while handling documentary evidence?
a. Copies of the document should be used during the investigation and trial and should be kept in the same file where the original is kept. b. Photocopies are always preferable to original documents as evidence, as the original could be tampered with. c. Copies of the document should not be made and only the original document should be used during investigation and trial. d. Generally, a summary of the original document should be made for investigation and trial.
What are the major ethical issues businesspeople face?
What will be an ideal response?
An Enterprise Resource Planning (ERP) System can best be described as:
A. a collection of programs that use a variety of unconnected databases. B. a database that is primarily used by a purchasing department to determine the correct amount of a particular supply item to purchase. C. a sophisticated means of linking two or more companies to facilitate their planning processes. D. a single database that collects data and feeds it into applications that support each of the company's business activities, such as purchases, production, distribution, and sales.
Organizers of an Internet training session will charge participants $150 to attend. It costs $3000 to reserve the room, hire the instructor, bring in the equipment, and advertise. Assume it costs $25 per student for the organizers to provide the course materials
a. How many students would have to attend for the company to break even? b. If the trainers think, realistically, that 20 people will attend, then what price should be charged per person for the organization to break even?