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Which of the following strategies is most appropriate for an industry that is in decline?
Which of the following strategies is most appropriate for an industry that is in decline?A . Invest in marketing.B . Invest in research and development.C . Control costs.D . Shift toward mass production.View AnswerAnswer: C
Which of the following conditions could lead an organization to enter into a new business through internal development rather than through acquisition?
Which of the following conditions could lead an organization to enter into a new business through internal development rather than through acquisition?A . It is expected that there will be slow retaliation from incumbents.B . The acquiring organization has information that the selling organization is weak.C . The number of...
Which of the following annual interest rates is least expensive?
An organization needs to borrow a large amount of cash to fund its expansion plan. Which of the following annual interest rates is least expensive?A . 7 percent simple interest with a 10 percent compensating balance.B . 7 percent simple interest paid at the end of each year.C . 7...
A small furniture-manufacturing firm with 100 employees is located in a two-story building and does not plan to expand. The furniture manufactured is not special-ordered or custom-made.
A small furniture-manufacturing firm with 100 employees is located in a two-story building and does not plan to expand. The furniture manufactured is not special-ordered or custom-made. The most likely structure for this organization would be:A . Functional departmentalization.B . Product departmentalization.C . Matrix organization.D . Divisional organization.View AnswerAnswer: A
Which of the following statements is true regarding the relationship between an individual’s average tax rate and marginal tax rate?
Which of the following statements is true regarding the relationship between an individual’s average tax rate and marginal tax rate?A . In a regressive personal tax system, an individual's marginal tax rate is normally greater than his average tax rate.B . In a regressive personal tax system, an individual's marginal...
Which of the following budgets must be prepared first?
Which of the following budgets must be prepared first?A . Cash budget.B . Production budget.C . Sales budget.D . Selling and administrative expenses budget.View AnswerAnswer: C
International marketing activities often begin with:
International marketing activities often begin with:A . Standardization.B . Global marketing.C . Limited exporting.D . Domestic marketing.View AnswerAnswer: C
Which of the following application-based controls is an example of a programmed edit check?
Which of the following application-based controls is an example of a programmed edit check?A . Reasonableness check.B . Transaction log.C . Input error correction.D . Authorization for access.View AnswerAnswer: A
Which of the following are the most appropriate measures for evaluating the change in an organization's liquidity position?
Which of the following are the most appropriate measures for evaluating the change in an organization's liquidity position?A . Times interest earned, return on assets, and inventory turnover.B . Accounts receivable turnover, inventory turnover in days, and the current ratio.C . Accounts receivable turnover, return on assets, and the current...
Which of the following methods, if used in conjunction with electronic data interchange (EDI), will improve the organization's cash management program, reduce transaction data input time and errors, and allow the organization to negotiate discounts with EDI vendors based on prompt payment?
Which of the following methods, if used in conjunction with electronic data interchange (EDI), will improve the organization's cash management program, reduce transaction data input time and errors, and allow the organization to negotiate discounts with EDI vendors based on prompt payment?A . Electronic funds transfer.B . Knowledge-based systems.C ....
