In a structural VAR, a restriction that describes the impact of the current-period value of one variable on the value of another variable in the distant future is known as a ____ restriction.
A. contemporaneous
B. long-run
C. short-run
D. structural
Answer: B
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Windstar Corp purchased supplies at a cost of $6,000 during the year. At December 31, supplies on hand are $1,400 . Supplies expense for the year was $5,200 . How much were supplies on hand at January 1?
a. $ 2,200 b. $ 11,200 c. $ 1,400 d. $ 600
Under the perpetual inventory system, in addition to making the entry to record a sale, a company would
A) record an increase in inventory corresponding to the amount of the sale. B) record a decrease in inventory and an increase in cost of goods sold for the cost of the merchandise sold. C) record an increase in inventory corresponding to the cost of the inventory. D) make no additional entry until the end of the period.
Internal factors affecting pricing include the company's overall marketing strategy, objectives, and marketing mix
Indicate whether the statement is true or false
White and Brown, a legal firm, stores details of each case in physical files and folders. The firm has a back room stacked with boxes containing hundreds of files. White and Brown's storage structure resembles ________
A) semi-structured information B) unstructured information C) meta data D) relational data