The fair price for the Merrill Microwaves, manufactured by Merrill Inc, is considerably higher than its actual price of $140. Merrill Microwaves have a relative performance rating of 125. According to this data, Merrill Microwaves provides ________
A) lower-quality products at higher prices
B) superior-quality products at higher prices
C) products with very high life-cycle cost
D) relatively lower value to the customers when compared to an average relative performance rating
E) a very good value for customers, but it may be underpricing the product
E
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On the maturity date after the last interest payment is recorded, any premium or discount on bonds payable is always fully amortized.
Answer the following statement true (T) or false (F)
Which of the following behaviors will NOT help an employee cultivate a positive customerservice image for his or her organization?
A. Addressing external customers by their names B. Greeting customers in their native language C. Making notes each time he or she visits a customer D. Getting to know his or her customers by being intrusive
__________ require the applicant to perform tasks that are actually a part of the work required on the job.
A. EEOC tests B. Work sample tests C. Job knowledge tests D. Biographical data tests
When the cost of purchasing inventory is declining, which inventory cost flow method will produce the highest amount of cost of goods sold?
A. FIFO B. Weighted-average C. LIFO D. LIFO, FIFO, and weighted-average will all produce the same amount of cost of goods sold.