Which of the following is one of the advantages of using a slide sorter to do a final review of presentation visuals?

A) To develop an alternative if equipment fails
B) To determine what items need to be made into handouts
C) To see slides in the same size and format as the audience
D) To view slides in detail,one at a time
E) To check slides for design consistency

A firm operating in a perfectly competitive market may earn positive, negative, or zero economic profit in the long run.

Whereas ____ deals with thinking and reasoning, ____ deals more broadly with building social relationships and controlling one's emotions.

A) emotional intelligence; standard intelligence
B) emotional intelligence; cognitive maps
C) cognitive maps; standard intelligence
D) standard intelligence; emotional intelligence
E) formal leadership; informal leadership

Shellhammer Company's inventory records show the following data for the month of September: $$\begin{array}{lcc}& \underline{\text{ Units}}& \underline{\text{ Unit Cost }}\\ \text{ Inventory, September 1 }& 100& \$3.34\\ \text{ Purchases: September 8 }& 450& 3.50\\ \text{ September 18 }& 350& 3.70\end{array}$$ A physical inventory on September 30 shows 200 units on hand. Calculate the value of ending inventory and cost of goods sold if the company uses FIFO inventory costing and a periodic inventory system.

Orlando's company is concerned about the recent decline in sales of one of its best-selling products. The company has decided to permanently put a group of people in charge of analyzing competitive products and determining new features that should be added to their products. All the people in this group work in the marketing department of the company. The people in this group will perform these new tasks in addition to the ones they already have. Which of the following terms would best describe the newly formed group?

A) project team
B) task force
C) cross-functional team
D) committee
E) functional chimney

A fundamental difference between Canadian GAAP and IFRS is that fair value accounting plays a more important role under IFRS.

Which source is much less accurate in assessing the performance of managers?

A) peers
B) professional raters
C) subordinates
D) supervisors

The entries in the Accounts Receivable Credit column of the cash receipts journal must be posted _______________ to the accounts in the accounts receivable subsidiary ledger and in _______________ to the control account in the general ledger.