A firm's credit standards are the minimum requirements for extending credit to a customer

Indicate whether the statement is true or false


TRUE

Business

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Governments commonly use activities to support and encourage firms that engage in exporting. Such activities include all of the following except:

A) tax incentives. B) subsidies. C) export assistance. D) free trade zones. E) voting rights.

Business

The costs of marketing and delivering a product are not included in its inventory valuation

Indicate whether the statement is true or false

Business

Which of the following is the formula used to compute a product's unit cost?

a. (Direct Materials + Direct Labor) / Number of Units Produced b. (Direct Materials + Direct Labor + Overhead) / Number of Units Produced c. (Direct Labor + Overhead) / Number of Units Produced d. (Indirect Materials + Indirect Labor + Overhead) / Number of Units Produced

Business

Leigh is interested in reducing the level of prejudice and discrimination in her company. Which of the five behavioral sciences would help her change attitudes and improve the way her teams work together?

a. Psychobiology b. Sociology c. Social psychology d. Anthropology

Business