_____ are overused expressions that can cause their users to be perceived as unoriginal, unimaginative, lazy, and perhaps even disrespectful.
A. Chunks
B. Prototypes
C. Clichés
D. Jargons
Answer: C
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Which of the following is not considered when preparing the cost of goods sold budget?
a. Budgeted factory overhead. b. Budgeted dollar value of finished goods inventory at the end of the period. c. Budgeted sales dollars. d. Budgeted dollar value of work-in-process inventory at the beginning of the year.
Bagsby owns a business selling insects for organic gardening. Bagsby is seeking a loan from First Natural Bank. The loan officer is asking that the loan be secured by Bagsby's inventory of insects, now owned or hereafter acquired. In order to do this, a new security agreement will need to be signed each time Bagsby gets new insects or sells his insects
a. True b. False Indicate whether the statement is true or false
Cycle inventory is used because
A) the world is perfectly predictable. B) demand is uncertain and may exceed expectations. C) it involves making a trade-off between the costs of having too much inventory and the costs of losing sales due to not having enough inventory. D) it focuses on processes that are external to the firm.
A company's product line consists of its various product mixes.
Answer the following statement true (T) or false (F)