A type of production that yields customized products or services for each customer is called:

A) Customer orientation production.
B) Job order production.
C) Just-in-time production.
D) Job lot production.
E) Process production.

Padraic purchased 50 shares of stock as an investment for the purchase price of $2,500 in 2014.In 2017 when the fair market value of the stock was $2,500,Padraic gave the stock to his sister,Fiona.If no gift tax is paid and Fiona sells the stock for $2,750 she will recognize:

A) $250 gain.
B) $300 gain.
C) $500 gain.
D) $800 gain.

Differences in opportunity cost allow for gains from trade.

Using the EOQ model, a manager can determine _____________. This allows the firm to place orders before inventories reach a critical level, allowing for sufficient delivery time.

A) Carrying costs.
B) Safety stocks.
C) Restocking costs.
D) Reorder points.
E) Theft losses.

Developing includes managerial practices such as mentoring and coaching that are used to increase a subordinate's skills and facilitate job adjustment and career advancement.

Which of the following would result when a company sells additional shares of common stock for cash?

A) A noncurrent liability and a financing cash flow are created.
B) Common stock increases and a financing cash flow results.
C) A noncurrent liability and an investing cash flow are created.
D) Common stock increases and an investing cash flow results.