Pretesting is the testing of the questionnaire on a small sample of respondents for the purpose of improving the questionnaire by identifying and eliminating potential problems before using it in the actual survey

If a firm with credit terms of 2/10 net 30 were to change its terms to 2/10 net 60, the result would

probably be A) a reduction in safety stock. B) increased accounts receivable turnover. C) more customers would take advantage of the cash discount. D) fewer customers would take advantage of the cash discount.

In the one-period valuation model, a stock's value falls if the ________ rises

A) dividend B) expected future price C) required return on equity D) current price