Matching the pace of production to match the rate of customer demand is known as:

Tri-State Partnership has a fiscal year ending June 30. The partnership's four partners have the following ownership percentages and fiscal years: Boulder 40% Owner March 31 Granite 30% Owner December 31 Shale 20% Owner June 30 Slate 10% Owner June 30 Assuming the partnership does not make a Sec. 444 election and does not establish a business purpose for a different period, what tax year must Tri-State use to file its tax return?

A. September 30. B. June 30. C. March 31. D. December 31.

Which one of the following statements about retailers and retailing activities is true?

A) Retailers create form utility. B) Most retailers are multi-million dollar operations. C) Retailers are members of channels of distribution. D) About half of all U.S. workers are employed by retailers. E) Retailers sell only to businesses.