The term incremental cost refers to
a. the additional cost of producing one more unit of a product.
b. a cost that will continue even if there is no activity.
c. a cost common to all of the options and not clearly allocable to any of them.
d. the profit given up by choosing one course of action instead of another.
a
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There are two overall approaches to maintaining data: the traditional file approach-which has no mechanism for tagging, retrieving, and manipulating data-and the _____, which does have this mechanism.
A. database approach B. object-oriented approach C. asymmetric approach D. indexed file approach
Carlos owns a store in Polk County. His trade extends throughout River City, but not beyond the county limits. He sells his store to Virginia and, as part of the transaction, agrees not to engage in the same business anywhere within the state for a period of four years. The agreement:
a. is reasonable. b. is unreasonable. c. unduly interferes with the interests of the public. d. Two of these.
In a key-employee insurance purchase, the business should be the owner and the beneficiary of the policy
Indicate whether the statement is true or false
What was the trade discount rate if items sold with a list price of $7,550 were sold at a net price of $5,220? (Round to the nearest whole percent)
A) 31% B) 65% C) 35% D) 58%