Materials purchased in anticipating of rising prices, shortages, government instability, and the like is referred to as ______.

a. hedge inventory
b. anticipation inventory
c. seasonal inventory
d. stabilizing inventory


a. hedge inventory

Business

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______ theory helps us to explain why others behave as they do.

A. Perceptual B. Attribution C. Interpersonal communication D. Gender perception

Business

The amount of net income is added on the statement of retained earnings.

Answer the following statement true (T) or false (F)

Business

Two basic ways to understand the role of leadership are to provide direction for a collection of individuals and to

A. integrate a group. B. organize workers for production. C. link top management with workers. D. limit the freedom of individual group members.

Business

During the current year, Goldblum Co. sold 160,000 units of its product at a selling price of $40. The variable cost per unit was $30, and Goldblum reported net income for the year of $220,000. What was the amount of Goldblum's fixed costs for the year?

What will be an ideal response?

Business