Briefly explain how the supplies on hand account is adjusted at the end of the period.

To prevent shortages of cash during a crisis,the Fed:

A) saves up cash in bank vaults around the country and the world.
B) reduces liquidity in the economy so that more cash can be saved.
C) sells U.S.government securities to commercial banks.
D) demands interest payments on reserves held at the Fed.
E) increases the discount rate.

In a bailment situation, the person who receives transfer of possession of property is the ________.

A) Transferor
B) Transferee
C) Novator
D) Bailor
E) Bailee

if the demand for pigeon pies is given by p(y)  110  y/3, then the level of output that will maximize Peter's profit is

A) 169.
B) 33.
C) 330.
D) 495.
E) None of the above.

The cost associated with delivery of merchandise to the customer.
A)Freight
B)Delivery Expense
C)Inventory
D)Sales discount
E)Purchases Returns and Allowances
F)Debit memo
G)Purchases discount
H)Trade discount

The ability to build a business beyond a sole proprietor business to one that can grow with the right resources and people while building equity for you and your investors is known as ____.

A) leveraging
B) strategic differentiation
C) scalability
D) break-even analysis

To rate employee behaviors, an organization begins by defining which behaviors are associated with the employee's personality traits.