The primary difference between variable and absorption costing is the treatment of:

A) fixed selling and administrative costs.
B) variable selling and administrative costs.
C) fixed manufacturing overhead.
D) variable manufacturing overhead.


C

Business

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Pacific Fisheries divides its customers into different regional units, such as Asia, Australia, and the Americas. This is an example of ________ segmentation

A) demographic B) psychographic C) geographic D) occasion E) benefit

Business

Timberland employees get 40 hours paid leave each year to pursue volunteer projects. The company runs a service day that hosts projects in 25 countries, and it supports a nonprofit that brings young people into public service for a year

CEO Jeffrey Swartz sees such service as a powerful differentiator for Timberland with its current and potential customers. Timberland could be most accurately described as practicing ________. A) consumerism B) environmentalism C) green marketing D) sustainability E) corporate social responsibility

Business

Sales-related objectives are more important than return on investment or cash flow objectives for a retailer with high debt and/or high growth

Indicate whether the statement is true or false

Business

Able Adams has a number of rare paintings at home that he inherited from his paternal family, many of whom were patrons and collectors of art

Able knows that the value of these paintings makes them likely targets of theft and he needs to insure these items specifically by using a ________. A) homeowner's policy B) standard fire insurance C) personal articles floater D) personal liability coverage

Business