Experienced travelers report that the primary criterion for doing business in China is ________.
A. technical competence
B. a persuasive top management
C. savvy marketing
D. hard currency
Answer: A
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When treasury stock is sold at a price below its cost, the entry to record the sale has the effect of reducing total stockholders' equity
Indicate whether the statement is true or false
Match the following definitions and terms.
A. Products a company owns and intends to sell. B. Inventory losses that can occur as a result of theft or deterioration and require an adjusting entry to account for those losses. C. The point of transfer from seller to buyer that takes place when the goods arrive at the buyer's place of business. D. A measure of a company's ability to pay its current liabilities that excludes less liquid current assets such as inventory and prepaid expenses. E. A given percent deducted from a list price often granted to customers purchasing large quantities of merchandise. F. The point of transfer from seller to buyer that takes place when goods depart the seller's place of business. G. An income statement format that shows detailed computations of net sales and other costs and expenses, and reports subtotals for various classes of items. H. The expenses of promoting sales by displaying and advertising merchandise, making sales, and delivering goods to customers. I. A widely used income statement format that lists cost of goods sold as another expense and shows only one subtotal for total expenses. J. The expenses that support a company's overall operations and include costs related to accounting, human resource management and financial management.
A county adopted a flexible affirmative action program with no specific quotas, but with the purpose of getting more women in certain positions in which there were no women. To accomplish its goal, the County hired a qualified woman instead of a man who had scored higher on a valid aptitude test. The man sued arguing the program was discriminatory. You would expect the Supreme Court held that
this action was: a. a legitimate affirmative action program b. legal if the county could demonstrate that the woman was better qualified than the man c. legal only if the county adopted a program with specific clearly specified quotas d. illegal because the affirmative action program had not been approved by the EEOC e. illegal because of reverse sex discrimination
An object's methods and attributes are accessed by writing the name of the object followed by the ________
a) method name/attribute name b) method/attribute index c) dot operator d) property operator