If two or more products are obtained from the same production process, the joint cost should be allocated in a manner
a. minimize variations in unit production cost.
b. maximize total earnings.
c. that assigns the costs to products based on either the weight or the sales price of the item.
d. that minimizes the number of estimations that must be made.
c
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Which of the following is not an advantage of using sales promotions?
A) provides a tangible incentive to buyers B) provides accountability to marketing managers C) enables company to build its database D) builds long-term brand awareness E) develops relationship with customers
Which of the following is the most accurate statement about social networking among cultures?
A) Social networking tends to make introverts more extroverted. B) In real life and online, we instinctively tend to gravitate toward people who seem similar to us. C) The majority of networking experts agree that social media offer limited intercultural engagement. D) Online environments make social presence and interpersonal contact easier for all people.
Which of the following is a major reason why corporate ownership is popular in the United States?
A) Stockholders have limited liability for the debts of the corporation. B) Most corporations are small- or medium-sized. C) The life of a corporation is limited by the death of the owner. D) A corporation is usually managed by the owners.
Jameson and French entered into a contract in which Jameson was required to deliver merchandise to French by January 19 . On January 5, Jameson told French that he (Jameson) had no intention of delivering the merchandise required by the contract. Prior to January 19, French may successfully sue Jameson for
a. accord and satisfaction. b. substantial performance. c. liquidated damages. d. anticipatory breach.