The least liquid current asset, ________, is eliminated when calculating the acid test ratio.
A. accounts receivable
B. land
C. inventory
D. cash
Answer: C
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Under the principle of first in time equals first in right, priority ordinarily comes with earlier use of a mark in commerce.
Answer the following statement true (T) or false (F)
Shrinking the amount of product instead of raising the price is a good way to counteract consumer resistance to price increases
Indicate whether the statement is true or false
Under ________, buyers share sales and inventory information directly with key suppliers who monitor and replenish the buyer's stock automatically as needed
A) supplier selection B) proposal solicitation C) general need specification D) vendor-managed inventory E) procurement
Nathan knows that many of his fellow sales people try to sell clients products the clients do not need or want. Nathan believes this is wrong. He prides himself on learning what each client needs and wants so that he can sell them the products that are the best for them. It appears Nathan is at the _________ of moral development.
A. preconventional level B. conventional level C. postconventional level D. neoconventional level