Southern Food Service operates six restaurants in the Atlanta area. The company pays rent of $20,000 per year for each shop. The managers of each shop are paid a salary of $4,200 per month and all other employees are paid on an hourly basis. Relative to the number of hours worked, total compensation cost for a particular shop is which kind of cost?
A. Variable cost
B. Fixed cost
C. Mixed cost
D. None of these
Answer: C
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A known obligation of an uncertain amount that can be reasonably estimated is reported as an estimated liability.
Answer the following statement true (T) or false (F)
In trying to persuade her coworkers to join her on a project, Eleanor described how the project would help each person reach their work goals. Her presentation was factual and appealed to logic. Elenaor was using a ______ style of persuasion.
A. face-to-face B. universal C. rational D. agreement
Brooke is working on a business proposal for a prospective client. What is the primary question Brooke should ask as she gathers information for her project?
A) How much money does the client have? B) What does the client need to know about this topic? C) Does the client have a good reputation in the community? D) How can I make myself look good in the eyes of my client?
According to the 2010 census, the U.S. Census Bureau estimated that half of the nation’s population growth since 1990 was due to ______.
a. increased birthrate b. lower death rate c. immigration d. improved public health