Tactical-level decision making is more structured and routine than operational-level decision making
Indicate whether the statement is true or false
FALSE
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A contribution margin income statement is formatted to emphasize cost behavior rather than organizational functions
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Match each term with the correct statement below.
a. franchise b. entrepreneur c. intrapreneur d. outsourcing e. small business f. SBA g. SBIC h. succession 1. What is it called when a small business owner passes on the business to the children? 2. A privately owned company that furnishes loans to small firms is called this. 3. What is a business that is independently owned and operated and not dominant in its field known as? 4. What is the name for a corporate entrepreneur? 5. What is the organization that often guarantees loans that are made to small businesses?
Using the information below, compute the days' sales in raw materials inventory: Raw materials used$104,500? Beginning raw materials inventory 9900? Ending raw materials inventory 12,800?
A. 10.86. B. 39.60. C. 44.71. D. 10.08. E. 9.21.
RICO applies only to repeat offenders
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