The use of dams in rivers to control water flow is a simple example of ______.
A. water control
B. input–output control
C. process control
D. capacity control
B. input–output control
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Aspen Corporation Data for Aspen Corporation for the year ended December 31, 2012, are presented below. Credit sales $2,100,000 Sales returns 150,000 Gross accounts receivable (December 31, 2012 ) 420,000 Allowance for bad debts (Before adjustment at December 31, 2012 ) 25,000 Estimated amount of uncollected accounts based on an aging analysis 75,000 Refer to the information provided for Aspen
Corporation. If Aspen estimates its bad debts at 4% of net credit sales, what amount will be reported as bad debt expense for 2012? A) $50,000 B) $75,000 C) $78,000 D) $84,000
Which of the following is true of the "deferred posting rule"?
A) It allows banks to fix an afternoon hour of 2:00 or later as a cutoff hour for the purpose of processing checks and deposits. B) According to this rule, when a customer deposits a check for collection, the depository bank does not have to pay the customer until the check clears. C) It mandates banks to mail their checking account customers monthly statements of their accounts and any canceled checks should accompany this statement. D) According to this rule, a customer is liable for payment to his bank if he fails to report any unauthorized transactions within 30 days from the receipt of the account statement.
Treasury notes generate lower returns than U.S. Treasury bills
Indicate whether the statement is true or false
Which of the following statements about multinational firms is true?
A. Multinationals typically do not change their methods of reaching their global markets if they are successful with their initial strategy. B. Multinationals are defined as companies heavily engaged in exporting and importing. C. All multinationals must enter the fourth stage of globalization before they are fully internationalized. D. Multinationals often develop their global businesses in stages. E. The five stages of globalization closely mirror the five stages of the product life cycle.