Incremental innovations
A. nearly always can be patented.
B. are usually highly disruptive.
C. are usually small improvements in products or processes.
D. usually represent technological breakthroughs.
Answer: C
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Which of the following procedures would weaken control over cash receipts that arrive through the mail?
A. For safety, only one person should open the mail, and that person should immediately deposit the cash received in the bank. B. The bank reconciliation is prepared by a person who does not handle cash or record cash receipts. C. The employees handling the cash receipts are bonded. D. The cashier deposits the money in the bank and the recordkeeper records the amounts received in the accounting records. E. After the mail is opened, a list (in triplicate) of the money received is prepared with a record of the sender's name, the amount, and an explanation of why the money is sent.
If your health care coverage is "guaranteed renewable," the insurance company must renew your insurance with no increase in premiums
Indicate whether the statement is true or false
The operational measure of throughput is "the rate at which money is generated by the system through production of goods and services that might be sold."
Answer the following statement true (T) or false (F)
Which of the following ratios is calculated by dividing current assets by current liabilities?
A. Fixed asset turnover ratio B. Net profit margin ratio C. Return on equity ratio D. Current ratio