When higher-priced or technically complex business products are involved, business customers prefer to deal directly with producers rather than through intermediaries.

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


True

Business

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"Consequently," "Next," and "For this reason" are all examples of transition words

Indicate whether this statement is true or false.

Business

All of the following are features of a standard cost system except:

a. Standards should not be adjusted. b. Standards provide incentives for workers to keep costs in line. c. Comparisons between actual and standard are more effective than comparisons between actual costs of the current period and those of the prior period. d. A standard cost system focuses management attention on materials prices and usages.

Business

A retailer accepted Visa charge sales totaling $500 and deposited the charge slips in the bank. Assuming a credit card discount expense of 4 percent, what would be the increase to Cash and the increase to Sales, respectively?

a. $500 and $480 b. $480 and $500 c. $480 and $480 d. $500 and $500

Business

Using the moving average technique, with n = 3, compute the forecast for Week 5 with the following data.



A. 100
B. 90
C. 80
D. 75

Business