Internal forces such as ________ affect consumer choices.
A. age and attitude
B. culture and education
C. income and culture
D. learning and culture
E. personality and society
Answer: A
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Kevin is the founder of a new start-up company. He hires mostly young employees who are fresh out of college. He finds that most of his employees are willing to develop their knowledge and skills and would like to take courses to improve themselves. This additional knowledge would benefit Kevin's company, so he decides to encourage this behavior. Which program is Kevin most likely to use in order to do so?
A. short-term vesting program B. employee wellness program C. tuition reimbursement program D. mature education program E. worker's compensation program
Which of the following will most likely be considered an indirect material cost for a bakery?
A) spices B) flour C) milk D) eggs
Which of the following would be considered a period cost for a manufacturing company?
A) indirect materials B) factory utilities C) direct labor D) sales salaries
If a company uses the allowance method to account for doubtful accounts, when will the company's equity decrease?
A) At the date a customer's account is written off B) At the end of the accounting period when an adjusting entry for bad debts is recorded C) At the date a customer's account is determined to be uncollected D) When the accounts receivable amount becomes past due