InfoFreeInc, makes and sells devices and services for the circumvention of encryption software and other technological antipiracy protection. Under the Digital Millennium Copyright Act, this is
a. a violation of copyright law.
b. prohibited but not a violation of copyright law.
c. a "fair use" exception to the provisions of the act.
d. permitted for reconsideration every three years.
A
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Harrison, Inc, has computed direct labor standards for the manufacture of its product to be 4 hours of labor per product at a cost of $15 per hour. During March, Harrison produced 45 products in 190 hours and incurred direct labor costs of $2,720 . Harrison's direct labor efficiency variance was
a. $20 (U). b. $130 (U). c. $150 (U). d. $130 (F).
The gross margin ratio:
A. Should be greater than 1 for merchandising companies. B. Is a measure of liquidity and should exceed 2.0 to be acceptable. C. Is also called the profit margin. D. Indicates the percent of sales revenue remaining after covering the cost of the goods sold. E. Is also called the net profit ratio.
The market share maximization objective intends to capture market share by highlighting a
product's superior quality through higher prices. Indicate whether the statement is true or false
The trend pattern is easy to identify by using
a. a moving average b. exponential smoothing c. regression analysis d. a weighted moving average