The price charged by one unit for a good or service provided to another unit within the organization is referred to as a(n) ________ price.

A. substitute
B. organizational
C. department
D. transfer
E. budget


Answer: D

Business

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Antitrust laws apply to which of the following?

A) Agricultural co-operatives B) Professional football C) Professional baseball D) Labor unions E) All of the above

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Under the CISG, the offeree's silence is usually interpreted as an acceptance

Indicate whether the statement is true or false

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Weyant Corporation has provided the following data concerning last month's operations.    Direct materials$18,000Direct labor$58,000Manufacturing overhead applied to Work in Process$75,000Overapplied overhead$6,000  BeginningEndingRaw materials inventory$13,000 $19,000 Work in process inventory$64,000 $74,000 Finished goods inventory$32,000 $40,000  The company closes out any underapplied or overapplied manufacturing overhead to cost of goods sold. How much is the adjusted cost of goods sold on the Schedule of Cost of Goods Sold?

A. $127,000 B. $141,000 C. $173,000 D. $133,000

Business

IMS Research recently forecast that the number of mobile banking users will reach approximately 1 billion in 2012

Indicate whether the statement is true or false

Business