A contractor should make a no-bid decision for a project that would not be consistent the contractor's business mission
a. True
b. False
Indicate whether the statement is true or false
True
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Research and development costs are
a. treated as an expense when incurred. b. capitalized but not amortized. c. capitalized and amortized over the periods that will probably benefit from the research and development. d. included with the cost of the patent resulting from the research and development.
Deceptive pricing involves
A. charging different customers different prices for the same product. B. adding hidden taxes to products that are imported or exported. C. two or more companies colluding to set a product's price. D. selling exports to another country at an unreasonably low price. E. intentionally misleading customers with price promotions.
Which of the following statements regarding the 1994 Agreement on Import Licensing Procedures is false?
A) Applications should not be refused because of minor errors in paperwork. B) The WTO Import Licensing Committee must be notified if any new products will become subject to licensing requirements. C) It calls for the procedures to be fair, reasonable, and nondiscriminatory. D) Where licenses are used to administer quotas, the amount of the quota already used must be published for all importers to see. E)All of the above are correct.
Figure 9-2According to Figure 9-2 above, column B would represent which type of product?
A. unsought B. prestige C. shopping D. specialty E. convenience