The congressionally imposed cap on the interest rate that S&Ls could pay on savings accounts became a serious problem for them in the 1970s when inflation rose

Indicate whether the statement is true or false


TRUE

Business

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Which of the following is true regarding the relationship of the current ratio to the quick ratio?

a. The current ratio is based on a more conservative measure of liquidity. b. Both focus on the relationship between part or all of the firm's current assets and all of its current liabilities. c. Both focus on the relationship between all of the firm's current assets and part or all of its current liabilities. d. For a company in the service industry, the current ratio and quick ratio will be significantly different.

Business

Core applications are

a. sales and distribution b. business planning c. shop floor control and logistics d. all of the above

Business

Which group development stage is described as the period in which team members resolve the conflict and begin to work well together and become more cohesive?

A. adjourning B. storming C. norming D. performing

Business

Edna Wallace is a little worried concerning all the talk she has heard recently about lawsuits due to misrepresentation and breach of warranty. To help her "stay legal," her sales manager should advise her to do all of the following EXCEPT:

A. avoid making exaggerated claims about product safety. B. thoroughly educate all customers before making a sale. C. make claims or promises of a factual nature. D. be accurate when describing her product's capabilities. E. know the technical specifications of the products she sells.

Business