________ is a treaty that has governed world trade throughout most of the post World War II era.
A) NAFTA
B) GATT
C) WTO
D) CAFTA
B) GATT
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Juniper Company uses a perpetual inventory system and the gross method of accounting for purchases. The company purchased $9,750 of merchandise on August 7 with terms 1/10, n/30. On August 11, it returned $1,500 worth of merchandise. On August 16, it paid the full amount due. The amount of the cash paid on August 16 equals:
A. $8,250.00. B. $8,152.50. C. $9,652.50. D. $8,167.50. E. $9,750.00.
"Price" and "cost" are the same thing
Indicate whether the statement is true or false
Generally, whether or not the parties deal at arm's length does not affect whether silence alone amounts to fraud
a. True b. False Indicate whether the statement is true or false
Among the problems with the forced ranking system is that it
A. involves algorithms that are too difficult to apply without advanced computers. B. requires managers to quantify behaviors that typically defy categorization. C. places too much emphasis on subjective feelings rather than on excellence. D. promotes too great an emphasis on excelling at the expense of succeeding. E. discourages employees from stepping outside the bounds of routine task behaviors.