A restriction/appropriation of retained earnings
a. decreases total assets
b. increases total retained earnings
c. decreases total retained earnings
d. has no effect on total retained earnings
d
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Which sales presentation method generally has the highest paid salespeople?
A. Transactional selling B. Need satisfaction C. Problem-solution D. Canned sales approach E. Formula sales approach
A high quality team performance evaluation system:
a. focuses on traits (such as cooperativeness) rather than on behaviors. b. should be all-inclusive with more than 20 separate measures. c. needs to have a strong link to team and organization’s goals. d. should focus on measuring the internal operation of the team.
The Mixed Nuts Division of Yummy Snacks, Inc. had the following operating results last year: Sales (140,000 pounds of product)$70,000 Variable expenses 42,000 Contribution margin$28,000 Fixed expenses 12,000 Income$16,000 Yummy expects identical operating results in the division this year. The Mixed Nuts Division has the ability to produce and sell 200,000 pounds of product annually. Assume that the Trail Mix Division of Yummy wants to purchase an additional 20,000 pounds of nuts from the Mixed Nuts Division. Mixed Nuts will be able to increase its profit by accepting any transfer price above:
A. $0.15 per pound B. $0.25 per pound C. $0.30 per pound D. $0.08 per pound E. $0.10 per pound
A favorable sales volume variance in sales revenue suggests a(n) ________
A) increase in actual sales price per unit as compared to budgeted sales price B) increase in number of actual units sold when compared to the expected number of units sold C) increase in actual variable cost per unit as compared to expected variable cost per unit D) decrease in actual fixed costs