A high stock turnover rate is generally associated with merchandise cost savings due to quantity discounts

Indicate whether the statement is true or false


False

Business

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When firms that are temporarily short of cash and unable to borrow from usual sources convert accounts receivable into cash by pledging the accounts receivable, they disclose this information

a. on the income statement, only. b. on the balance sheet, only. c. on both the income statement and the balance sheet. d. by a footnote to the financial statements. e. in managements' discussion and analysis.

Business

The International Monetary Fund is an autonomous agency that is a part of the United Nations (UN)

Indicate whether the statement is true or false

Business

Butterball TurkeyEvery fall, Americans eat turkey during the holiday season.  For some consumers, that is the only time they cook a turkey.  Butterball has satisfied loyal customers for more than 50 years and fields about 100,000 phone calls every November from consumers asking cooking questions.  So this year, Butterball decided to include a meat thermometer with each turkey so consumers can know when the big bird is ready to eat.  Each year, Butterball also selects the best leftover recipe from those posted on its Web site through an online vote with consumers.  The consumer submitting the recipe receiving the most votes wins a $1,000 prize.  Butterball also hires a company to go into stores and provide bite-size turkey nuggets to consumers so they can taste how moist Butterball

turkeys can be. Usually, the person providing the turkey will be standing next to temporary shelves with all the Thanksgiving fixings on it that are set up in the stores this time of year.Refer to Butterball Turkey.  Consumers submitting a recipe online in hopes of winning the $1,000 prize are participating in which type of sales promotion? A. premium B. sweepstake C. social network D. contest E. loyalty program

Business

Which of the following recommendations for an effective presentation is true?

A. Avoid rhetorical questions during the presentation. B. Begin the presentation with a joke rather than an anecdote or a quote. C. Take questions throughout the presentation to keep it interactive. D. Use technology extensively to improve the personal connection with the audience.

Business