"All employees must be at their work stations and ready to work by the time the buzzer sounds." This is an example of ________
A) a policy
B) a procedure
C) a practice
D) a rule
Answer: D
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Under the Securities Act of 1933, which of the following statements most accurately reflects how securities registration affects an investor?
A. The investor is provided with information on the shareholders of the offering corporation. B. The investor is provided with information on the principal purposes for which the offering's proceeds will be used. C. The investor is guaranteed by the SEC that the facts contained in the registration statement are accurate. D. The investor is assured by the SEC against loss resulting from purchasing the security.
A firm currently has sales of $2,000,000 and does not offer credit. Management expects sales to rise to $2,500,000 if it offers customers thirty days to pay. Which of the following will probably happen? 1. receivables will turn over more rapidly 2. receivables will turn over more slowly 3. credit sales will increase by more than the increase in sales 4. credit sales will increase by less than the increase in sales
A. 1 and 3 B. 1 and 4 C. 2 and 3 D. 2 and 4