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True or false?
'Price' and 'payment terms' are the same thing. True or false?A . FalseB . TrueView AnswerAnswer: B Explanation: An easy question. Price is what the customer will pay for goods or services eg fifty dollars; payment terms are the arrangements under which you pay the price eg in advance, on...
In which one of the following sectors would you least expect to find seasonal unemployment:
In which one of the following sectors would you least expect to find seasonal unemployment:A . PolicingB . ConstructionC . AgricultureD . TourismView AnswerAnswer: A Explanation: Agriculture and tourism are normally associated with high levels of seasonal employment, and hence to some extent, unemployment. Construction also often has an element...
The Equality Act in the UK was introduced in which year?
The Equality Act in the UK was introduced in which year?A . 2019B . 2001C . 2010D . 2011View AnswerAnswer: C Explanation: The Act was introduced in 2010. Although this is a UK-centric question, it is valid for several rea-sons. Firstly, the UK was one of the first countries to...
Which of the following is likely to reduce 'capital growth'? Select all that apply.
Which of the following is likely to reduce 'capital growth'? Select all that apply.A . Increased salesB . Payment of high salaries and large allowances to senior managersC . Payment of dividendsD . Increased profitView AnswerAnswer: B, C Explanation: Payment of high salaries and large allowances, may, fairly obviously reduce...
Which two?
As well as a Goods Received Note (GRN), three-way matching to authorise a payment to a supplier should involve two other documents. Which two?A . Service Level AgreementB . InvoiceC . Purchase OrderD . Bill of MaterialsView AnswerAnswer: B, C Explanation: The GRN, invoice and PO should all match to...
