If budgeted sales increase from $100,000 to $110,000, budgeted production:

A. should be increased by $10,000.

B. should be increased by 9.1%.

C. should be increased by 10%.

D. could possibly decrease.

E. None of these.

Which of these acronyms is generally not applicable to some form of inventory management?

A. RFID.

B. JIT.

C. EOQ.

D. POP.

E. None of these.

As a normal rule of thumb, which of the following statements is true?

A. Par value exceeds the issue price of common stock.

B. Par value is correlated to dividends on common stock.

C. Par value is correlated to dividends on preferred stock.

D. Par value is equivalent to total paid in capital.

E. None of these.