For-profit firms seek to achieve ____________ profits subject to ____________ constraints, although not-for-profit service suppliers seek to achieve ____________ profits subject to ____________ constraints
a. social; financial; financial; social
b. social; financial; social; financial
c. financial; transactional; social; regulatory
d. financial; social; social; financial
e. transactional; social; limited; transactional
d
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At the internal rate of return, the present value of net cash inflows will equal the ________.
A) initial cost of the investment B) residual value C) average operating income D) profit from the project
A company purchases a one-year insurance policy on June 1 for $1,260. The adjusting entry on December 31 is
A) debit Insurance Expense, $630 and credit Prepaid Insurance, $630. B) debit Insurance Expense, $525 and credit Prepaid Insurance, $525. C) debit Insurance Expense, $735, and credit Prepaid Insurance, $735. D) debit Prepaid Insurance, $630, and credit Cash, $630.
Which sentence uses correct capitalization?
A) An agricultural marketing group went to cities along the east coast and in the desert southwest promoting recipes featuring pork for holiday meals. B) An agricultural marketing group went to cities along the East Coast and in the Desert Southwest promoting recipes featuring pork for holiday meals. C) An agricultural marketing group went to cities along the East coast and in the Desert southwest promoting recipes featuring pork for holiday meals.
PDCA is most often applied with regard to which aspect of TQM?
A) Six Sigma B) employee empowerment C) continuous improvement D) benchmarking E) JIT