Within the context of strategic contingency theory, a strategic contingency is

A. a reserve of funds to be used in case of emergency.
B. an alternative plan of strategic importance.
C. a plan that will be used only in the event that the primary plan is unattainable.
D. an event or activity that is extremely important for accomplishing organizational goals.


Answer: D

Business

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Which of the following is NOT true about daughter cells of mitosis or meiosis?

A. In meiosis, the daughter cells are genetically identical. B. In meiosis, there are four daughter cells. C. In mitosis, there are two daughter cells. D. In mitosis, the daughter cells are genetically identical. E. In meiosis, daughter cells are haploid.

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________ gives the retailer a measure of how much profit it is making on merchandise sales without considering the expense associated with operating the store.

A. General expenses B. Financial leverage C. Gross margin D. Expenses E. Net profit

Business

Using the direct write-off method, the bad debt expense is recorded when a specific customer's account is determined to be noncollectible

Indicate whether the statement is true or false

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Which intangible assets are amortized over their useful life?

A) trademarks B) goodwill C) patents D) all of the above

Business