Which of the following is not an inventory process control?
a. JIT materials acquisition
b. locked storerooms
c. periodic inventory systems
d. physical counts
C
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Which statement describes a managerial action that does not unethically impose costs upon stockholders and other stakeholders?
A. The action imposes unwanted costs on stockholders and stakeholder by giving up some alternatives in favor of others in the interest of maintaining the fiscal stability of the enterprise. B. A portion of some payment is kicked back to the payer as an incentive to make the payment in the first place. C. Financial advisors receive payments from a brokerage house to pay for research and legal services that should be used to benefit the advisors' clients, not the advisors' personal interests. D. A personal interest of a manager hinders the exercise of his or her professional judgment.
Which of the following best illustrates forward vertical integration?
A. A firm that manufactures and sells car engines to major automobile companies launches its own line of cars. B. A designer shoe company that previously purchased leather from external suppliers establishes its own leather tannery. C. A chain of ice cream parlors launches a brand of toys and accessories for children. D. A multinational coffee chain sources its coffee beans from plantations in Brazil and Vietnam.
Which of the following statements is CORRECT?
A. All else equal, senior debt generally has a lower yield to maturity than subordinated debt. B. An indenture is a bond that is less risky than a mortgage bond. C. The expected return on a corporate bond will generally exceed the bond's yield to maturity. D. If a bond's coupon rate exceeds its yield to maturity, then its expected return to investors will also exceed its yield to maturity. E. Under our bankruptcy laws, any firm that is in financial distress will be forced to declare bankruptcy and then be liquidated.
In which of the following areas is consistent male-female differences observed?
A. problem-solving ability B. sociability C. work schedule preferences D. competitive drive