At least ________ percent of the total U.S. labor force performs sales work.

A. 20
B. 30
C. 10
D. 40
E. 50


Answer: C

Business

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Chris wanted to get a loan from the bank, but he had bad credit. In order to get the money, he convinced Eric to cosign as a surety. Now Chris has stopped making the payments. When is Eric liable for repayment of the loan?

A. When Chris stopped making payments. B. Never, because Eric was not the one actually using the money. C. Only after the bank attempts to recover the full amount from Chris. D. At any point.

Business

The main purpose of Section 482 of the United States Internal Revenue Code is to ________

A) control corporate monopoly B) lower prices in global markets C) discourage dumping D) regulate transfer pricing

Business

Transfer prices are used for all of the following reasons except:

a. Promote operating efficiency. b. Insure optimal resource allocation. c. Transfer pricing is used for all of the above reasons. d. Help promote goal congruence.

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Which of the following actions is consistent with the use of level scheduling?

A) use inventory to meet demand requirements B) use overtime to meet higher-than-average demand requirements C) vary production levels to meet demand requirements D) vary work force to meet demand requirements E) none of the above

Business