Excel Corporation conditions shipments of its products to Federated Stores, Inc., on Federated's agreement not to buy products from Gnarly Goods Company, Excel's competitor. This is
A. an exclusive-dealing contract.
B. a tying arrangement.
C. price discrimination.
D. price fixing.
Answer: A
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Authoritative executions are the most widely used in the:
A) business-to-business sector B) consumer sector C) services sector D) governmental sector
In testing plant and equipment balances, an auditor may inspect new additions listed on the analysis of plant and equipment. This procedure is designed to obtain evidence concerning management's assertion(s) about:
A. existence. B. presentation. C. both (1) presentation and (2) existence. D. neither (1) presentation nor (2) existence.
_________ and materials management is one of the three most common core ERP components.
Fill in the blank(s) with the appropriate word(s).
The weights used to determine the relative importance of the firm's sources of capital should reflect
A) book values in accord with generally accepted accounting principles. B) current market values for bonds, common stock, and preferred stock and book values for retained earnings. C) current market values. D) subjective adjustments for firm risk.