Bank credit card sales are not similar to cash sales because cash is not available to the business until the amount owed is collected from the customer

Indicate whether the statement is true or false


F

Business

You might also like to view...

How can service providers use a differentiated offer, delivery, and image to avoid competing solely on price?

What will be an ideal response?

Business

Physical distribution activities include all of the following EXCEPT which one?

A) order processing B) warehousing C) materials handling D) transportation E) order getting

Business

The Landrum-Griffin Act of 1959 (Labor-Management Reporting and Disclosing Act) was passed primarily to:

A. Give unions the right to organize and represent workers. B. Ensure democratic standards for unions and increase transparency of union financial activities. C. Spell out unfair labor practices of employers. D. Spell out unfair labor practices of unions.

Business

Jefferson, Inc. produces two different products (Product 5 and Product Z) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The cost of Machining is $500,000, while the cost of Inspection is $30,000. The activity drivers are used as follows:  Product 5Product ZTotalMachine hours1,2004,8006,000Number of batches602080What proportion of Inspection activity is used by Product Z?

A. 67% B. 75% C. 33% D. 25%

Business