The rationale behind ________ is that larger sales mean fixed costs of operations can be spread over more units, which lowers average unit costs
A) repositioning
B) differentiation
C) experience curve
D) economies of scale
D
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The Purchases Discounts Taken account may appear in the accounting records if which one of the following methods is used to account for purchase discounts?
A) net price method B) gross price method C) allowance method D) sales price method
The Smith v. Van Gorkam decision underscores which of the following regarding statements of officers or directors?
a. An outside director, but not an inside director, may in good faith rely upon any statement of an executive officer. b. An inside director, but not an outside director, may in good faith rely upon any statement of an executive officer. c. Any director may in good faith rely upon any statement of an exeecutive officer. d. Not every statement of an executive officer can be relied upon in good faith.
________ states that the spot exchange rate should change in an equal amount but in the opposite direction to the difference in interest rates between two countries
A) Fisher-open B) Fisher-closed C) The Fisher Effect D) none of the above
Usually, the human resource (HR) manager should bear full responsibility for a new employee's orientation.
Answer the following statement true (T) or false (F)