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NEW QUESTION: 1
Midwest Insurance controls access to its offices with a passkey system. What kind of security measure is this?
A. Detective
B. Corrective
C. Repressive
D. Preventive
Answer: D

NEW QUESTION: 2
The Alpha Company was once a strong company that commanded a high percentage of the market it
operated in. In recent years, Alpha has been losing market share to competitors in its primary line of
business and has been unable to find a competitive strategy to grow and return to profitability. Given its
market position, how is Alpha most likely finding the monetary resources to continue operations?
A. By selling its products and services at a loss until revenue increases and slowly raising prices until it
begins to break even
B. By using cash from other segments of the business
C. By using its high credit rating from prior years to receive a line of credit until the strategy begins to work
D. By identifying and duplicating the strategy used by its main competitor.
Answer: B

NEW QUESTION: 3
The cost of goods forecast to be sold in the next 3 months equal $1,200,000, and the average projected
inventory is $600,000. What is the projected stock turns?
A. 0
B. 1
C. 2
D. 3
Answer: A