A merchandiser's inventory consists of raw materials, work in process, and finished goods

Indicate whether the statement is true or false


F

Business

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Consumer promotions are for end-users and customers while trade promotions are for channel members

Indicate whether the statement is true or false

Business

Janice was questioned recently about her department's spending in excess of the budget. This is an example of using the budget for performance measurement.

Answer the following statement true (T) or false (F)

Business

All of the following methods may be used to account for the revenue from scrap sales except:

a. Credit Factory Overhead, if the scrap cannot be identified with a specific job. b. Credit Materials, if the scrap would have been able to be recycled. c. Credit Work in Process, if the scrap is identified with a specific job. d. Credit Scrap Revenue, which is included in the "Other Income" section of the income statement.

Business

A powerful corporation starts an expensive lawsuit with no legal basis against a protest group who objects to the pollution the corporation is causing

The corporation knows the protestors cannot afford the legal costs and hopes to silence their criticism. This is an example of a A)Charter challenge B) SLAPP lawsuit C) corporate accommodation D) breach of the Human Rights Code E) harassment under the Charter

Business