Which of the following represents the types of data commonly found in the finance department?
A. Production data
B. Employee data
C. Technology data
D. Monetary data
Answer: D
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Which of the following should a writer do when developing routine requests for recommendation?
A) Use the direct approach for the request B) Avoid stating why the recommendation is required C) Offer to write the letter and have the referee sign it D) Offer to pay for the favor of writing recommendation E) Avoid pressuring the receiver by mentioning a deadline
In which stage of the business buying process does a buyer ask users to rate their satisfaction with the supplied materials?
A) problem recognition B) performance review C) supplier search D) supplier selection E) order-routine specification
Digital Storage, Inc, offers to sell provide cloud-computing services to Entrepreneur Enterprises, Inc, but mistakenly transposes some of the digits in the price so that $15,400 appears in the offer as $14,500. Entrepreneur Enterprisesaccepts the written offer. Digital Storage'sbest defense against enforcement of the contract is that Entrepreneur Enterprisesknew
a. a bilateral mistake supports the cancellation of a contract. b. a mistake of value supports the cancellation of a contract. c. a unilateral mistake supports the cancellation of a contract. d. the price was below the prices of comparable devices.
Kenneth wants to start a new business. To get start-up capital, he takes a short-term loan from a bank. The bank agrees to provide him the agreed-upon funds as per a legally binding commitment. However, the bank requires Kenneth to pay interest on any fund he borrows and a commitment fee based on the unused amount of funds. Which of the following short-term financing sources does Kenneth utilize to fund his business in the given scenario?
A. Factoring B. Commercial paper C. Trade credit D. Revolving credit agreement