To what does the term inventory refer?
A. It refers to the amount of goods being sold.
B. It refers to the amount of goods being stored.
C. It refers to the quality of goods being stored.
D. It refers to the marketing function of holding goods.
E. It refers to minimizing storage costs.
Answer: B
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On the first day of the fiscal year, Hawthorne Company obtained an $88,000, 7-year, 5% installment note from SeaSide Bank. The note requires annual payments of $15,208, with the first payment occurring on the last day of thefiscal year. The first payment consists of interest of $4,400 and principal repayment of $10,808 . The journal entryHawthorne would record to make the first annual payment due
on the note would include a a. debit to cash for $15,208 b. credit to notes payable for $10,808 c. debit to interest expense for $4,400 d. debit to notes payable for $15,208
Task analysis should be undertaken only after the organizational analysis has determined that the company wants to devote time and money for training.
Answer the following statement true (T) or false (F)
Which type of relationship is a "straight-line" relationship between two variables which allows us to know one variable if we have knowledge of the other?
A) causal relationship B) linear relationship C) categorical relationship D) Boolean relationship E) a beta relationship
Omri worked 40 hr this week but was paid for 45 hr because that’s how long the work normally takes. Omri is paid under a ______ plan.
A. bonus B. commission C. merit pay D. standard hour