The last line of an income statement shows a business's ________

A) Net profit or net loss
B) Gross profit or gross loss
C) Profit or loss
D) Taxes
E) Fixed costs

A

Business

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The type of error which results from the fact that samples are not perfectly representative of the populations from which they are drawn is known as _______.

a. measurement error b. systematic error c. sampling error d. nonsampling error e. selection error

Business

A key supply chain difference between Gateway and Apple is that

A) Gateway's stores currently carry a large variety of products made by other manufacturers, while Apple carries only Apple products. B) Apple has always carried product in their stores while at one time Gateway stores carried no inventory. C) Gateway has always used a push system while Apple has always used a pull system. D) Gateway has no suppliers, preferring to make everything in-house, while Apple buys many of their components from suppliers.

Business