With regard to the ongoing expense of long-term corporate financing, which of the following would be the most expensive?
A. Long-term loans
B. Corporate bonds
C. Debenture bonds
D. Common stock
E. Trade credit
Answer: A
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The type of appraisal that is most subject to validity problems due to evaluator bias is the ______ appraisal.
A. behavioral B. 360-degree feedback C. objective D. results E. trait
________ is an approach for improving supply chain efficiency in which the vendor is responsible for maintaining the retailer's inventory levels in each of its stores.
A. Efficient consumer response (ECR) B. Vendor-managed inventory (VMI) C. Reverse logistics D. Quick Response (QR) system E. Collaborative planning, forecasting, and replenishment (CPRF)
Which of the following audit procedures does not address existence/occurrence for accounts receivables and sales?
a. Trace bill of lading to sales invoice and sales journal. b. Confirm balances of unpaid invoices with customers. c. Examine subsequent collection. d. Scan sales journal for duplicate entries.
Yummy Peanut Butter created a new coconut-flavored peanut butter that it tested in a small number of representative cities. The company plans to use the results to forecast national sales and profits. Which of the following did the firm use?
A) controlled test markets B) simulated test markets C) standard test markets D) ambush marketing E) affinity marketing