Merinaand Nelliform Orchids, Inc Ultimate responsibility for pol¬icy decisions necessary to the management of corporate affairs rests with Orchids's

a. board of directors.
b. incorporators.
c. officers.
d. shareholders.


A

Business

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When your intended message is sent accurately in the least amount of time, you are a(n)

A. economical communicator. B. efficient communicator. C. formal communicator. D. collaborative communicator. E. effective communicator.

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During a buying process, the normal procedure once a list of qualified suppliers is formed is to send out a ________ to potential suppliers

A) request for product review B) request for proposals C) request for quotation D) request for product specifications

Business

The total associated manufacturing costs under the FIFO method are the sum of the prior-period costs plus the costs incurred in the current period to finish the units for:

A) beginning work-in-process units. B) ending work-in-process units. C) units started and completed. D) conversion costs.

Business

Which of the following statements is TRUE?

A) If no time limit is set an offer expires within a reasonable amount of time B) A failure to reject an offer is in law an acceptance. C) Merely clicking on the "I accept" button of an offer made by computer is binding acceptance. D) Once the offeree has made a decision to accept an offer, there is a binding contract. E) An oral acceptance is valid in an agreement to purchase real estate

Business