Which activity is not part of the operating cycle?

A. Paying employees for hours worked
B. Purchasing goods from suppliers for resale to customers
C. Collecting cash from sales on account made last month
D. Repaying a bank loan used to purchase manufacturing equipment


Answer: D

Business

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Millie is in charge of the marketing strategy for a new toothbrush her firm introduced. The toothbrush has gotten strong accolades from critics, and Millie's company has taken great steps using advertisements and public relations to promote the product. The biggest hurdle to product adoption, according to Millie, is that consumers are much more familiar with Oral-B toothbrushes. Oral-B is the company's greatest competitor and is a much more established brand name. Millie plans to release a new campaign highlighting the many benefits of its toothbrush compared to its competitors. She hopes consumers will view their product as superior to Oral-B's. After the campaign, Millie's firm plans to offer free samples in select stores. Millie is using this campaign to stimulate _______________ on

the part of buyers so that they will compare their benefits with Oral-B's. A. evaluation B. trial C. awareness D. adoption E. interest

Business

The S&P 500 index must be used as the measure of market return in the CAPM or the results are

not theoretically accurate. Indicate whether the statement is true or false

Business

The most commonly used method of job evaluation is the point system.

Answer the following statement true (T) or false (F)

Business

"Primum non nocere" is Latin for: A) ?Above all, do no harm

B) ?Let the buyer beware. C) ?Hear no evil, see no evil, and speak no evil. D) ?No news is good news.

Business