A just-in-time (JIT) system minimizes inventory cost for the company but increases inconvenience in the form of noise, traffic, and air pollution for the community at large

Indicate whether the statement is true or false


TRUE

Business

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Five-year-old Duanna steals candy from the grocery store even though she knows it is supposed to be paid for. If Aristotle or John Locke were asked to explain the origin of Duanna’s sense of morality, what would they most likely say?

a. God b. culture c. inherent conscience d. her soul prior to birth

Business

In a statement of cash flows (indirect method), depreciation is treated as an adjustment to reported net income because depreciation

a. is an inflow of cash to a reserve account for asset replacement. b. reduces the reported net income and involves an inflow of cash. c. reduces the reported net income but does not involve an outflow of cash. d. usually represents a significant portion of operating expenses.

Business

Megan Ross holds the following portfolio: Stock Investment Beta A $150,000 1.40 B     50,000 0.80 C   100,000 1.00 D     75,000 1.20 Total $375,000  What is the portfolio's beta?

A. 1.06 B. 1.17 C. 1.29 D. 1.42 E. 1.56

Business

Unlike manufacturers, ________ buy products from other businesses but do not significantly alter the form of the products they buy before selling them.

A. resellers B. producers C. raw materials suppliers D. gatekeepers E. consumers

Business