In a newspaper release, Corning, Inc. announced it had received a favorable ruling from China's Ministry of Commerce on allegations that it was selling its fiber more cheaply in China than in other countries. Corning was falsely accused of:

A. dumping
B. offloading
C. boycotting
D. repatriating
E. crossdocking


Answer: A

Business

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Choose an example project from the current or very recent business literature. Sketch a graphical version of Gersick's model of punctuated equilibrium and label the curve and both axes

What will be an ideal response?

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The collection of large amounts of consumer data by businesses creates ethical issues of privacy and security.

Answer the following statement true (T) or false (F)

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If the random variable X is exponentially distributed with parameter ? = 0.05, then the probability P(X > 20) = 0.3679

Indicate whether the statement is true or false

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Use the following account balances from the adjusted trial balance of Gees Catering:AccountDebit BalanceCredit Balance Cash 10,000     Accounts Payable    2,000  R. Gees, Drawing 1,000     R. Gees, Capital    18,000  Fees Revenue    10,000  Salary Expense 7,000     Rent Expense 6,000     Supplies Expense 6,000     Select the correct closing entry that Gees Catering would make to close their revenue account(s) at the end of the accounting period.

A.

     
Fees Revenue$10,000  
Income Summary  $10,000

B.
     
R. Gees, Capital$10,000  
Fees Revenue  $10,000

C.
     
Fees Revenue$10,000  
R. Gees, Capital  $10,000

D.
     
Income Summary$10,000  
Fees Revenue  $10,000

Business