Meria Het, a footwear company, designs formal and casual footwear for White American women. However, to increase its customer base, it introduces a line of footwear for Chinese women in the United States, even though they form only a small market in the country. Which of the following dimensions of the social environment does this scenario exemplify?
A. Social responsibility
B. Age
C. Ethics
D. Diversity
Answer: D
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Which of the following correctly describes the accounting for administrative expenses of a manufacturing company?
A) Administrative expenses are product costs and are expensed as incurred. B) Administrative expenses are period costs and are expensed as incurred. C) Administrative expenses are product costs and are expensed when the manufactured product is sold. D) Administrative expenses are period costs and are expensed when the manufactured product is sold.
Division A makes a part that it sells to customers outside of the company. Data concerning this part appear below: Selling price to outside customers$40 Variable cost per unit$30 Total fixed costs$10,000 Capacity in units 20,000 Division B of the same company would like to use the part manufactured by Division A in one of its products. Division B currently purchases a similar part made by an outside company for $38 per unit and would substitute the part made by Division A. Division B requires 5,000 units of the part each period. Division A has ample capacity to produce the units for Division B without any increase in fixed costs and without cutting into sales to outside customers. If Division A sells to Division B rather than to outside customers, the variable cost be unit
would be $1 lower. What is the lowest acceptable transfer price Division A should accept? A. $10 B. $40 C. $30 D. $38 E. $29
The best time to buy stock is at the peak of an economic cycle
Indicate whether the statement is true or false.
What layer number is the data link layer?
A) 1 B) 2 C) 3 D) 4