Velocity Ltd. is a sports car manufacturer. Which of the following is a value-adding cost for Velocity?

A) Salary of the payroll department
B) Cost of tires used in cars
C) Cost of office supplies
D) Salary of operations manager


B

Business

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The ______________________________ department is responsible for processing vendor invoices, preparing disbursement vouchers, and recording purchase and disbursement transactions

Fill in the blank(s) with correct word

Business

ABC Pharmaceuticals spent significant money on the research, marketing, and distribution of a blood clot medicine. Now that it has been on the market several years and is profitable, they plan to distribute the drug through more channels, even to international markets. They will still make a profit, but still, more people will be able to buy the drug. ABC is operating at what level of corporate social responsibility?

A. economic B. legal C. ethical D. discretionary

Business

The call feature of bonds is useful if a company wants to retire a bond issue

Indicate whether the statement is true or false

Business

In the fallacy of ______, financial professionals mistakenly believe they are all powerful and can do pretty much as they please.

Fill in the blank(s) with the appropriate word(s).

Business