In a multiple-product firm, the product that has the highest contribution margin per unit will
a. generate more profit for each $1 of sales than the other products.
b. have the highest contribution margin ratio.
c. generate the most profit for each unit sold.
d. have the lowest variable costs per unit.
C
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According to current GAAP, which of the following is not a condition suggesting that an accrual for vacation pay should be made?
A) The obligation must relate to rights that vest. B) The payment of compensation is probable. C) The obligation must relate to employee services already rendered. D) The amount can be reasonably estimated.
The text lists five psychological factors that can influence purchase decisions. List and give an example of each.
What will be an ideal response?
The __________ established the MIGA to encourage increased investment in developing nations
a. World Bank b. Regional Trade Communities c. United Nations d. NAFTA
Which of the following is true regarding NLRB representation election procedures?
a. the NLRB will not order an election unless at least 50 percent of employees have signed authorization cards b. no more than two elections will be held in the same year for the same group of employees c. if an employer commits an unfair labor practice within the week before an election is held, the NLRB will certify the union, regardless of whether it receives a majority of votes d. if an election is ordered, the employer is required to provide the NLRB, within seven days, a list of names and addresses of all employees in the bargaining unit e. none of the above