Which of the following has primary responsibility to develop Generally Accepted Accounting Principles?

A) Financial Accounting Standards Board.
B) Company Executives.
C) Securities and Exchange Commission.
D) Public Company Accounting Oversight Board.

All else the same, an investor is likely to prefer a firm with a high dividend payout if flotation costs are significant.

Which of the following is not a key benefit of MRP?

A) product quality increases
B) better response times to customer orders
C) faster response to market changes
D) improved utilization of facilities
E) reduced inventory levels