A retail operation would not have to take a physical inventory if it uses a perpetual inventory system

Indicate whether the statement is true or false


F

Business

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Jen works as a front-line employee for a nationwide retail store. She reports to a floor manager, who reports to a departmental manager, who reports to a regional supervisor, who reports to a vice president, who reports to the CEO. Which of the following best describes this retail store?

A. flat structure B. tall structure C. decentralize structure D. centralized structure

Business

George is a farmer who belongs to an organization in which the farmers are owners and operators of the business. George belongs to a/an:

a. cooperative b. nonprofit corporation c. limited liability company d. partnership e. syndicate

Business

Which of the following are true about the Southeast Asian currency crisis? a. It was preceded by several years of large capital inflows to Asia

b. It was preceded by a five-year recession in Asia. c. Asian interest rates declined during the crisis. d. Asian exchange rates were pegged to the Japanese yen to resolve the crisis.

Business

About how many corporations are publicly traded on U.S. stock exchanges?

a. 20,000 b. 33,000 c. 50,000 d. 10,000

Business