______ questions are broader, offering more freedom in answering them.
a. Closed
b. Open
c. Primary
d. Secondary
b. Open
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The major advantage of the rate of return on investment over income from operations as a divisional performance measure is that divisional investment is directly considered and thus comparability of divisions is facilitated
Indicate whether the statement is true or false
A(n) ________ is a relationship formed when an employer hires an employee and gives that employee authority to act and enter into contracts on his or her behalf
A) agent-independent contractor relationship B) principal-agent relationship C) agent-agent relationship D) employer-employee relationship
__________, usually called debentures, have only the obligation of the corporation behind them
a. Secured bonds b. Income bonds c. Unsecured bonds d. None of these are correct.
Which of the following is NOT an activity of physical supply/distribution?
A) warehousing B) transportation C) packaging D) material handling E) factory inventory