A French winery packs its wine in a 40-foot container that is trucked to a port and then loaded onto an ocean-going vessel. This is an example of:
A) intermodal transportation.
B) inventory control.
C) hypermarketing.
D) "cherry picking" a product.
E) containerization.
A
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A business issues 20-year bonds payable in exchange for preferred stock. This transaction would be reported onthe statement of cash flows in
a. a separate schedule b. the cash flows from financing activities section c. the cash flows from investing activities section d. the cash flows from operating activities section
Waddock and Bodwell developed the Total Responsibility Management concept based on Deming’s TQM. Which of the following is not one of the elements?
a. Inspiration process b. Integration process c. Involvement process d. Innovation and improvement process
On January 1, Year 1, Colgate Corporation decided to switch from the direct method to the indirect method of preparing the statement of cash flows. Assuming a positive net income figure but a decrease in the cash balance, what can be said about the change in method of preparing the statement?
A. The only difference will be in the cash flows from financing activities section. B. There will be no difference in the totals on the statement of cash flows. C. The direct method will yield a larger amount for cash flows from operating activities. D. The indirect method will yield a larger amount for cash flows from operating activities.
Substantive or legislative rules are statements issued by an agency to provide its staff and the public with guidance about interpretation of a statute or regulation
a. True b. False Indicate whether the statement is true or false