The current ratio
a. shows the current level of profits
b. shows the current ratio of sales to profits
c. shows the ratio of debt to profits
d. shows the firm's ability to cover its current liabilities with its current assets
d
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The calculation for annual depreciation using the straight-line depreciation method is
a. Initial cost / Estimated useful life b. Initial cost × Estimated useful life c. Depreciable cost × Estimated useful life d. Depreciable cost / Estimated useful life
The risk assessment component of internal control refers to:
A. The entity's monitoring of the potential for material misstatements. B. The auditor's assessment of control risk. C. The auditor's assessment of client risk. D. The entity's identification and analysis of risks relevant to achievement of its objectives.
Sally Seabrook is an up-and-coming marketing manager for a large department store chain. Ms
Seabrook has distinguished herself with bold strategies such as launching attacks on her primary competitor from several fronts, including advertising, new store openings, and new distributor alliances. Which of the following market challenger attack strategies is Ms. Seabrook using to attack her competition? A) frontal attack B) bypass attack C) guerrilla warfare D) flank attack E) encirclement attack
Which of the following is an example of how e-cards can be used appropriately in a business situation?
a. To extend sympathy in the loss of a loved one b. To inform clients of an upcoming move of a corporate office c. To thank donors who have made significant financial contributions to a fund-raising campaign d. To remove a client from a list of business associates