Safety stock increases when:
A) probability of a stockout increases.
B) average demand increases.
C) delivery speed increases.
D) demand fluctuations decrease.
Answer: B
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Metal Company Metal Company sold merchandise to Steel Corporation on December 1, 2012, for $150,000, and accepted a promissory note for payment in the same amount. The note has a term of three months and an annual interest rate of 8%. Metal's accounting period ends on December 31. Refer to the data provided for Metal Company. What amount should Metal recognize as interest revenue on December 31,
2012? A) $ -0- B) $ 1,000 C) $12,000 D) $11,000
A formal statement of ethical principles and rules of conduct is referred to as a(n)
A. code of ethics. B. moral code. C. ethical mission. D. code of conduct. E. core value pronouncement.
Sergio generally makes cold calls on businesses to look for new prospects. He has many satisfied customers, but like many salespeople, he does not frequently utilize one of the best ways to find new prospects, which is through
A. friends and coworkers. B. customer referrals. C. trade shows. D. past sales. E. other employees.
Equal protection is the constitutional guarantee:
a. that empowers Congress to regulate equally distributed commerce with foreign Nations, and among the several States, and with the Indian Tribes. b. that laws made in pursuance of the Constitution and all treaties made under the authority of the United States shall be the equally protected as the "supreme law of the land.". c. embodied in the Fourteenth Amendment to the U.S. Constitution. d. that grants and distributes power and responsibilities to national and state governments.