What type of proposal is most likely to be more than three to four pages long?
A) A grant proposal
B) An unsolicited proposal
C) A response to an RFP
D) A sales proposal
E) A proposal for funding
Answer: C
Explanation: C) If your proposal responds to an RFP—a request for proposal—it is likely to be longer than three or four pages and will require extra structure so that readers can navigate the document and easily find the information they are looking for.
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A) ethic B) license C) law D) contract E) venture
A firm's quick ratio equals 1.5 . This means that _____
a. liquidity is very high b. the firm's collection period is poor c. the firm is in financial difficulty d. financial leverage is too high
Because negotiable instruments are more valuable than non-negotiable ones, it is important for buyers and sellers to be able to tell, easily and accurately, if an instrument is indeed negotiable. What six standards must an instrument meet in order for it to be negotiable?
Finished goods inventory is $190,000. If overhead applied to these goods is $72,000, and the overhead rate is 120% of direct labor, how much direct materials cost was incurred in producing the inventory?
A. $86,400. B. $31,600. C. $56,000. D. $58,000. E. $60,000.