If purchases are recorded correctly but ending physical inventory is understated, which one of the following situations occurs for the current year?

A) Working capital is understated and net income is overstated.
B) Working capital and net income are understated.
C) Working capital is overstated and net income is understated.
D) Working capital and net income are overstated.

B

Business

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A survey of Canadian workers found that

A) only 30 percent are highly engaged B) only 10 percent are highly engaged C) only 50 percent are highly engaged D) only 17 percent are highly engaged E) over 50 percent are highly engaged

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The overall best solution in a nonlinear program is a

A) global optimum. B) local optimum. C) binary optimum. D) nonlinear optimum. E) goal optimum.

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