Which of the following is not a typical competitive advantage?
a. Turnaround time
b. Service
c. Selection
d. All of the above.
d
Business
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When inventory declines in value below original (historical) cost, and this decline is considered other than temporary, what is the maximum amount that the inventory can be valued at?
a. Sales price b. Net realizable value c. Historical cost d. Net realizable value reduced by a normal profit margin
Business
Which of the following Confucian ethics is central to the Chinese concept of guanxi?
A. Holding all material possessions in trust for God B. Renunciation of the material world C. Devoting life to a spiritual quest D. Reciprocal obligations E. Individual progress
Business