When the corporate bond market becomes less liquid, other things equal, the demand curve for corporate bonds shifts to the ________ and the demand curve for Treasury bonds shifts to the ________
A) right; right
B) right; left
C) left; left
D) left; right
D
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Which of the following would be classified as a prime cost?
A) cost of direct materials used B) depreciation on factory equipment C) salary of sales personnel D) depreciation on office furniture
When production is greater than sales, the operating income will be higher under absorption costing than variable costing. Assume zero beginning and ending inventories. Which of the following gives the correct reason for the above statement?
A) All costs incurred have been recorded as expenses. B) A portion of the fixed manufacturing overhead is still in the ending Finished Goods Inventory account under absorption costing. C) All selling and administrative expenses have been recorded as period costs. D) Fixed manufacturing costs have not been considered when calculating the operating profits.
________ is an internal method of recruitment in which notices of available jobs are displayed in central locations throughout an organization and employees are given a specified length of time to apply for the available jobs.
A. Campus recruiting B. Job posting and bidding C. Employee referral D. Job sharing
If a firm increases its cash discount period, the firm's investment in accounts receivable due to non-discount takers now paying earlier is expected to decrease
Indicate whether the statement is true or false