The retained earnings statement may be combined with the income statement
a. True
b. False
Indicate whether the statement is true or false
True
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Investors who wish to reduce their risk should
A. buy stocks of small companies. B. diversify. C. buy stocks of large companies. D. keep large amounts of cash.
Which of the following sentences is a good example of a beginning sentence in a favorable reply to a routine request?
a. We can definitely assist you in having your regional conference at the Ritz-Carlton. b. Thank you for your request. c. Please let us know the number of rooms you require first. d. I read your request.
Matthew is a training and development manager who has been asked by the Rotary Club to speak at one of their meetings about trends in corporate training. However, since he is currently conducting an important staff development program, his schedule is very busy and he must refuse the invitation. What would be the best way to end his message declining the request?
a. Again, I am very flattered by your request. b. I apologize that I am so busy right now, but perhaps early next year I can speak to your group. c. I'll call you if I have a change in schedule that would accommodate your timeframe. d. My associate, David Freel, has extensive experience and would enjoy speaking to your group. Please feel free to contact him at 469-8000.
A prime example of an internal failure cost is the:
A) labor cost associated with inspecting every item produced. B) labor cost associated with repairing an item returned under warranty. C) material cost of a piece of stock metal that has had too large a hole drilled in it. D) material cost of the paint applied to the case of a finished unit.