Suppose Ford acquires General Motors. This is an example of a ___________ acquisition.

A) Conglomerate.
B) Vertical.
C) Horizontal.
D) Tender offer.
E) Pooling of interests.

In the process of reconciling its bank statement for January,Maxi's Clothing's accountant compiles the following information:
The adjusted cash balance per the books on January 31 is:
A)$5,855
B)$5,335
C)$4,055
D)$4,815
E)$4,585

Zamfir Corporation has a current price of $75 per share. It has declared a 5 for 3 share split. Given this information, determine the share price after the split.

A) $125
B) $100
C) $45
D) $25
E) $15

It is possible to eliminate the middleman intermediaries and the functions they perform.

In the merchandise purchases budget, the required purchases (in units) for a period can be determined by subtracting the beginning merchandise inventory (in units) from the budgeted sales (in units) and desired ending merchandise inventory (in units).

The base year for a price index is the year_____.

A) in which prices were lowest
B) in which prices were highest
C) in which real output was the largest
D) in which prices were stable
E) that serves as a reference point