Internal control of cash receipts aims to ensure that all cash received is properly recorded and deposited.

A labor union in which all of the members have a particular skill or occupation is known as a(n) ________ union.

A) common
B) industrial
C) craft
D) regional
E) employer's

Which of the following is true regarding float costs and the size of the optimal cash balance held by a firm?

A) Float costs impact the optimal cash balance as determined by the BAT model only.
B) The higher the cash balance, the lower the float cost.
C) The lower the cash balance the lower the float cost.
D) Float costs have no impact on the size of the optimal cash balance.
E) Float costs increase the variance of cash flows per period, and thus the optimal cash balance.

Many of the terms of the psychological contract are established during anticipatory socialization.

Distribution resource planning (DRP) is

A) a transportation plan to ship materials to warehouses.
B) a time-phased stock replenishment plan for all levels of a distribution network.
C) a shipping plan from a central warehouse to retail warehouses.
D) material requirements planning with feedback loop from distribution centres.
E) a material requirements planning package used exclusively by warehouses.

The Federal Trade Commission requires used car dealers in most states to display statements that the cars are sold "as is" if the cars are sold with limited warranties.