1. During a recession unemployment ________ while inflation A. falls; falls. B

1. During a recession unemployment ________ while inflation A. falls; falls. B. rises; falls. C. rises; rises. D. falls; rises. 2. Student A says that customer satisfaction is a mark of a world-class business. Student B says that proactive ethics is a mark of a world-class business. Which student is correct? A. Both B. Student A only C. Neither D. Student B only 3. Which of the following represents the basic accounting equation? A. Owners Equity Liabilities = Assets B. Liabilities = Assets + Owners Equity C. Assets = Liabilities + Owners Equity D. Assets + Liabilities = Owners Equity 4. Nearly a week before Hurricane Katrina reached New Orleans Wal-Mart began moving trucks and supplies into position as specified in the companys ________ plan. A. tactical B. strategic C. contingency D. operational

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