Which of the following types of businesses might have an operating cycle longer than one year?
A. Commercial airplane manufacturer.
B. Clothing retailer.
C. Ski resort.
D. Wheat farmer.
E. Florist.
Answer: A
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Most publicly traded firms operate as corporations. Which of the following is/are not true?
a. The corporate form facilitates the transfer of ownership interests because owners can sell their shares without affecting the ongoing operations of the firm. b. The transfer of ownership interests is a transaction between the shareholder and the firm whose shares change hands. c. Investors make capital contributions under a contract between themselves and the corporation. d. The corporation has legal status separate from its owners. e. none of the above
Which of the following is the best example of a response when answering calls for others?
A) Annette is currently participating in an important budget meeting with our board of directors. B) We're not really sure where Annette is right now, but she'll return your call immediately whenever she gets back. C) Annette has run down to the ladies' room for a few minutes, but she should be back soon. D) Annette is away from her desk, but I will give her your message when she returns.
Which of the following is not a member of the Association of South East Asian Nations?
A) Indonesia B) Singapore C) Japan D) Cambodia E) Vietnam
A service is usually offered as part of a bundled package of services with a core service and one or more ____ services.
A. basic B. tangible C. supplementary D. auxiliary E. other core