Hostess and Kodak recently filed for bankruptcy protection in an attempt to restructure their debts. One could assume that both of these companies experienced too much ________ risk

A) business
B) interest rate
C) financial
D) liquidity


Answer: C

Business

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During March, Zea Inc. transferred $50,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $56,000. The journal entries to record these transactions would include a:

A. credit to Cost of Goods Sold of $56,000. B. credit to Finished Goods of $50,000. C. credit to Work in Process of $50,000. D. debit to Finished Goods of $56,000.

Business

"Over the past five years, some of our new entry-level employees have been stars, some have been solid, and some have not met our expectations," said Alexa, manager of operations. "We will be gathering data on entry-level employees' performances and correlating those performances with college GPAs and college leadership positions. We will use our results to fine-tune our campus recruiting program so that we hire more star employees." The bureaucratic control that Alexa is describing is ________ control.

A. market B. concurrent C. clan D. feedback E. feedforward

Business

A(n) ________ maintains a clear sense of purpose and a firm idea of what is involved in creating the project

A) politician B) ambassador C) cheerleader D) visionary

Business

Which of the following statements regarding minimum vesting standards for qualified defined benefit plans is (are) true?

I. The vesting standards apply to both employer and employee retirement contributions. II. Employers may vest benefits more quickly than the minimum standards . A) I only B) II only C) both I and II D) neither I nor II

Business