A variable costing income statement is the same as
a. a contribution margin income statement.
b. a traditional income statement.
c. a cost-volume-profit income statement.
d. none of these choices.
A
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Laura offered to sell Louis a tract of land. The offer was complete and certain as to all material terms. The offer stated that a telegraphed acceptance was required. Within a reasonable time, Louis telephoned Laura to accept. Which of the following is a true statement about this situation?
A. Louis's telephone call would be a good acceptance as this case involves a sale of goods. B. Louis has accepted because a telephone call is a reasonable means of acceptance. C. Louis has not accepted and there is no contract. D. Louis can use promissory estoppel to enforce a contract here.
Which of the following best describes divisibility of an innovation that influences the rate of adoption?
A) It is the degree to which the innovation is difficult to understand. B) It is the degree to which the results of using the innovation can be observed or described to others. C) It is the degree to which the innovation appears superior to existing products. D) It is the degree to which the innovation may be tried on a limited basis. E) It is the degree to which the innovation fits the values and experiences of potential consumers.
An HRIS that supports regular and ongoing decisions is called a(n) ______.
a. transactional system b. management information system c. executive information system d. transformational system
For federal diversity purposes, a corporation is deemed a citizen of:
a. the state of incorporation. b. the state of its principal place of business. c. either the state of incorporation or the state of its principal place of business, but not both. d. both the state of incorporation and the state of its principal place of business.