For accounts receivable, the longer an account is outstanding, the:

A. Better the customer.
B. More likely the customer will return.
C. More likely it will prove uncollectible.
D. Higher probability of it being collected.


Answer: C

Business

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If tastes and preferences are identical for two trading nations, then comparative advantage is the result of

a. technological conditions of the two nations. b. income levels of the two nations. c. demand conditions of the two nations. d. supply conditions of the two nations.

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______ is a measure of the financial return the organization receives because of something it did to invest in the organization or its people.

A. Economic value added B. Human resource management systems C. Return on investment D. HR scorecard

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A computer manufacturer is seeking to cut costs by designing an inventory system that reduces the number of finished products in stock due to overproduction and to set in place a production schedule that better matches customers' orders. These plans are an example of ____ in action.

A. operations management B. scientific management C. production management D. inventory oversight E. inventory analysis

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Soft skills require ongoing assessment and practice, while self-management skills do not require any kind of updating once they have been learned.

Answer the following statement true (T) or false (F)

Business