Which one of the following statements is correct concerning the cash cycle?

A) The longer the cash cycle, the more likely a firm will need external financing.
B) Increasing the accounts payable period, increases the cash cycle.
C) A positive cash cycle is preferable to a negative cash cycle.
D) The cash cycle can exceed the operating cycle if the payables period is equal to zero.
E) Adopting a more liberal accounts receivable policy will tend to decrease the cash cycle.

Cost information from both absorption costing and variable costing can aid managers in pricing.

A competitive firm sells 500 units of output and its marginal revenue at 500 units of output is $35. The firm's total revenue amounts to __________.

The Hazardous Products Act

A) prohibits the manufacture of any product that has the potential to cause injury.
B) controls the possession and application of drug and food products.
C) requires certain products to carry a written warning including a depiction of the type of inherent danger.
D) All of the responses are correct.

There are three kinds of title: conditional title,unconditional title,and implied title.

The quantity of inventory that a stage of the supply chain either produces or purchases at a given time is

A) an order.
B) a job.
C) a shipment.
D) a lot or batch.