All of the following are examples of economic events except
a. receiving raw materials from a supplier
b. checking a customer's credit prior to processing a sales order
c. disbursing cash for inventories received
d. shipping product to a customer
B
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Which of the following would you include as decisions and responsibilities typically found at the operational level of a company?
A. Maintain core business activities required to run the day-to-day operations. B. Develop core business activities required to run the day-to-day operations. C. Control core business activities required to run the day-to-day operations. D. All of these.
Which of the following statements is true of employee benefits?
A. Many group-based benefits are obtained at a higher rate than could be obtained by employees acting on their own. B. Group insurance has relatively easy qualification standards. C. Most employee benefits are taxable. D. Employers can substitute insurance benefits for job security.
In a few situations, such as in hospitals, an employer may discriminate on the basis of race as a bona fide occupational qualification
a. True b. False Indicate whether the statement is true or false
Having one or more of the firm's activities performed by another firm or individual in the supply or distribution chain is called:
A. outsourcing. B. responsibility centers. C. lean accounting. D. activity-based costing.