Which of the following is a negotiable instrument that represents a direction to pay money?
a. Certificates of deposit
b. Notes
c. Drafts
d. Gold
c
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Cost of goods sold is equal to beginning inventory plus the net cost of purchases minus _________________________
Fill in the blank(s) with correct word
Place utility refers to the availability of a product or service when desired by a customer
Indicate whether the statement is true or false
The arrangement of positions in the organization into work units or departments and the interrelationships among these units or departments is known as ______.
a. organizational charting b. organizational engineering c. organizational design d. organizational management
Minimum legal capital is the least amount that the buyers of stock must contribute to the corporation or be at risk to pay creditors at a future date.
Answer the following statement true (T) or false (F)