Silos of information are also known as stovepipes
Indicate whether the statement is true or false
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Which statement is true concerning operating assets?
a. Operating assets have no physical properties. b. A company's operating assets are important to its shortÂterm liquidity. c. Operating assets are used over two or more periods to generate revenues. d. All operating assets are reported on the balance sheet
If a buyer becomes concerned that the seller may not be able to perform required contract obligations, the buyer:
A. will be excused from fair trade under the test of commercial impracticability. B. can demand assurance from the seller that the contract will be performed. C. will be excused from performance under the test of impossibility. D. can legally cancel the contract without telling the seller.
A ________ is a test marketing program conducted by an outside research company in field experimentation. The research company guarantees distribution of the product in retail outlets that represent a pre-determined percentage of the market
A) Simulated test market B) Partial test market C) Controlled test market D) Standard test market
Broncho Industries is considering the purchase of a $100,000 machine that is expected to result in a decrease of $15,000 per year in cash expenses. This machine, which has no residual value, has an estimated useful life of 10 years and will be depreciated on a straight-line basis. For this machine, the accounting rate of return would be
a. 10 percent. b. 15 percent. c. 30 percent. d. 35 percent.