Which of the following is NOT an element of the management process?
A) controlling
B) leading
C) planning
D) pricing
E) staffing
D
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If purchases are recorded correctly but ending physical inventory is understated, which one of the following situations occurs for the current year?
A) Working capital is understated and net income is overstated. B) Working capital and net income are understated. C) Working capital is overstated and net income is understated. D) Working capital and net income are overstated.
Taking a physical inventory refers to making a count of all merchandise on hand at a particular time
Indicate whether the statement is true or false
In which of the following is an oral communication method required?
A) Writing news articles B) Updating Facebook status C) Participating in teleconferences D) Updating wikis E) Tweeting
Rather than purchasing mortgage life insurance, individuals can achieve the same goal and possibly save money by purchasing sufficient ________ to pay off the mortgage
A) whole life insurance B) universal life insurance C) term insurance D) the type of insurance depends on the age of the house.