Price Waterhouse, a large accounting firm, would be most properly classified in the ____ industry, whereas a grocery store such as Kroger would be included in the ____ industry.
A) distribution; production
B) service; distribution
C) production; service
D) service; production
E) distribution; service
Question 2
Rick's Wholesale Office Supplies prefers to handle its accounts receivable itself, but it also needs to use them to facilitate short-term borrowing. What can Rick's do?
A) Use floor planning.
B) Purge its accounts receivable.
C) Pledge them as collateral.
D) Force all customers to pay now.
E) Sell commercial paper.
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