A liability created when a business collects cash from customers in advance of providing services or delivering goods is called a(n) ________
A) notes receivable
B) unearned revenue
C) accrued liability
D) service revenue
B
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One challenge facing Hudson Foods as it expands into Europe is getting through all the bureaucratic and legal regulations surrounding the food industry. Erica plans to hire a manager to ensure that this challenge is overcome
Who among the following will Erica most likely recruit for this position? A) a local manager with strong government contacts B) an experienced manager from the Hudson Foods U.S. headquarters C) a native of the target market who is a recent U.S. college graduate D) a candidate from the U.S. with extensive management experience in the frozen food industry
The Security Market Line has ________
A) a positive slope B) a negative slope C) no slope D) a beta of 1.0