Which of the following is a difference between minitrials and private trials?
A) Minitrials offer jury services, whereas private trials do not.
B) Private trials ensure confidentiality, whereas minitrials do not.
C) The neutral party reports findings of facts to a court in minitrials, but not in private trials.
D) Private trials require a greater degree of direct communication between disputants than minitrials.
B
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The ability of a company to adapt its resources to create change and react to change is called
A) financial flexibility. B) return on investment . C) operating capability. D) risk .
Under the weighted-average method for inventory costing, the cost per unit is determined by ________.
A) dividing the cost of goods available for sale by the number of units available for sale B) dividing the cost of goods available for sale by the number of units in beginning inventory C) multiplying the number of units purchased with the weighted-average cost D) multiplying the cost of goods available for sale by the ending weighted-average cost of the previous accounting period
Which of the following is a characteristic of audit services (Table 4.3 in the text)?
A) household purchases recorded through electronic scanners in supermarkets B) households provide specific information regularly over an extended period of time; respondents asked to record specific behaviors as they occur C) verification of product movement by examining physical records or performing inventory analysis D) data banks on industrial establishment created through direct inquiries of companies, clipping services, and corporate reports
An industry often contains "good" and "bad" competitors. Good competitors ________
A) break the rules of fair competition B) ensure minimum competition between firms C) play by the rules of the industry D) typically dominate the market E) share their marketing strategies with other firms