A fad is more predictable and durable than a trend
Indicate whether the statement is true or false
FALSE
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Which of the following would be considered part of the category "trade receivables"?
a. Advances to employees b. Amounts due from customers c. Dividends receivable d. Income tax refunds receivable
Which statement concerning RFID (radio frequency identification) is not correct?
a. RFID is an alternative to the use of Universal Product Codes. b. Implementation costs for RFID are low. c. At present, the use of RFID by retailers is limited. d. RFID better enables a retailer to track inventory than UPC-based systems.
The primary purpose of __________ is to open trade for the benefit of all.
A. trade blocs B. the global village C. the World Trade Organization D. offshoring E. outsourcing
Customer A has $250 in his account. Six checks, totaling $325, have come in for payment. One check is for $257.00, with the remaining five checks making up the difference to the $325 total. First Bank pays the five smallest checks first, honors the $257.00 with overdraft protection, and charges the customer one overdraft fee. Second Third Bank pays the largest ($257) check first, pays the five
remaining smaller checks with overdraft protection, and then charges the customer five overdraft fees. Which of the following is correct? a. If this type of charge is legal; it is ethical. b. This type of charge is an example of taking unfair advantage. c. This type of charge is a conflict of interest. d. This type of charge is not an ethical issue.