_____ provides time utility to buyers and sellers and aids manufacturers in managing supply and demand.

A. Containerization
B. Distribution
C. Storage
D. Direct sourcing
E. Channelization


Answer: C

Business

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A merger occurs when one company uses capital resources such as stock, debt, or cash to purchase another company.

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

Business

If the combined market value of trading securities at the end of the year is less than the market value of the same portfolio of trading securities at the beginning of the year, the difference should be accounted for by

a. reporting an unrealized loss in security investments in the stockholders' equity section of the balance sheet. b. reporting an unrealized loss in security investments in the income statement. c. a footnote to the financial statements. d. a credit to Investment in Trading Securities. e. None of these answer choices is correct.

Business

Capital assets used by an enterprise fund should be accounted for in the

A. Governmental activities journal and depreciation on the capital assets should be recorded. B. Business-type activities journal but no depreciation on the capital assets should be recorded. C. Enterprise fund and depreciation on the capital assets should be recorded. D. Enterprise fund but no depreciation on the capital assets should be recorded.

Business

Which category of adopters adopt a new product because most of their friends have already adopted it?

A. innovators B. early majority C. early adopters D. laggards E. late majority

Business