Which of the following terms represents the two general types of relevant circumstances?

a. Present circumstances and future contingencies
b. Present conditions and future contingencies
c. Present magnitudes and future conditions
d. Present magnitudes and future contingencies


ANSWER: D

Business

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You're preparing a report on how to reduce network problems at your company's home office. Since the report is organized in the direct approach, the close should

A) present the conclusions and recommendations for the first time. B) be relatively long. C) be relatively brief. D) end by asking readers for a decision. E) restate your qualifications.

Business

Big Box Store has operated with a 30% average gross profit ratio for a number of years. It had $107,000 in sales during the second quarter of this year. If it began the quarter with $18,700 of inventory at cost and purchased $72,700 of inventory during the quarter, its estimated ending inventory by the gross profit method is:

A. $32,100. B. $18,700. C. $22,470. D. $29,100. E. $16,500.

Business

The major activity in strategic planning is ________, whereby management evaluates the products and businesses that make up the company

A) SWOT analysis B) benchmarking C) business portfolio analysis D) breakeven analysis E) prospecting

Business

The ________ was promulgated in 1804 by Napoléon

A. jus commune B. German Civil Code C. French Civil Code D. common law

Business