A statement of opinion may be which of the following?
A) a type of guarantee
B) an affirmation of the value of the goods
C) an implied assurance not expressly stated
D) an explicit description of the goods
B
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The current ratio is used to help assess a company's ability to pay its debts in the near future.
Answer the following statement true (T) or false (F)
Another name for a large warehouse is a ________
A) third-party logistics company B) cross-dock C) transportation management system D) distribution center E) stock-keeping unit
________ means selling the right to use some process, trademark, patent, or other right for a fee or royalty.
A. Joint venturing B. Management contracting C. Exporting D. Licensing E. Direct investment
Which manager is normally held responsible for fixed cost volume variances?
A. Production supervisor B. Purchasing agent C. Upper-level marketing managers D. Plant manager