An inventory turnover ratio of 9.81 means that the average dollar volume of inventory is used up almost _____ time(s) during the fiscal year
a. 10
b. 100
c. 1
d. 1.2
ANSWER: a
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Indirect expenses may be allocated to the departments based on the cost of goods sold in each department
a. True b. False Indicate whether the statement is true or false
Which group with children has larger workloads than the respective dads, logging 5 more hours each week?
A. stay-at-home women B. working women C. stay-at-home dads D. working dads E) Single parents
Jerry is a person who is formally trained to help parties who are in conflict reach an acceptable solution. He does not actually make the decision, but he is a third-party neutral person. Jerry can best be called a(n) ______.
A. arbitrator B. facilitator C. conciliator D. mediator
When selling to a buying group, a salesperson should arrive at the location before the group arrives because:
A. he or she can speak with the decision makers individually before the presentation begins. B. he or she can greet the group as a whole when the members enter the room. C. he or she can establish a shared space where everyone is in charge of the meeting. D. he or she can set up and check equipment and become familiar with the surroundings. E. he or she can take a note of the seating preferences of the buyers.