What is the most important duty of a firm's financial officer?
A) to ensure that the firm has enough cash on hand to meet its commitments at any given time
B) to decide how to pay for investments
C) to manage working capital
D) to make investment decisions
Answer: D
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Which of the following statements is true of implied warranty of merchantability?
A) It states that the product being sold is the safest one that can be produced with the scientific knowledge available. B) To meet the standard of merchantability, the product must be adequately contained, packaged, and labeled as the agreement may require. C) This warranty is made even if the seller does not regularly sell that type of good. D) The Uniform Commercial Code considers contracts related to consumer goods that limit damages for injuries to a person as valid.
A completely fair working environment would be one in which qualifications and performance would be the only factor that counted in making human resource decisions
Indicate whether the statement is true or false.