Patterns of decision making can indicate a cultural difference.
Answer the following statement true (T) or false (F)
True
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Opportunistic buying is most commonly utilized by _____
a. full-line discount houses b. off-price retailers c. supermarkets d. specialty stores
During the current year, Goldblum Co. sold 160,000 units of its product at a selling price of $40. The variable cost per unit was $30, and Goldblum reported net income for the year of $220,000. What was the amount of Goldblum's fixed costs for the year?
What will be an ideal response?
Equipment that had been acquired several years ago by a special revenue fund at a cost of $40,000 was sold for $15,000 cash. Accumulated depreciation of $30,000 existed at the time of the sale. The journal entry to be made in the governmental activities journal will include all of the following except:
A. A credit to Equipment for $40,000. B. A debit to Cash for $15,000. C. A debit to Accumulated Depreciation for $30,000. D. A credit to Other Financing Sources for $5,000.
Administrative purposes of performance appraisal include all of the following EXCEPT
A. determining promotion candidates. B. evaluating training programs. C. documenting personnel decisions. D. providing performance feedback.