Sales quotas, operating budgets, and production schedules are examples of "traditional" controls.

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


True

Business

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Test marketing is the most accurate method of forecasting future sales

Indicate whether the statement is true or false

Business

Operating leverage is the relative mix of

A) revenues earned and manufacturing costs B) fixed and variable costs C) high-volume and low-volume products D) manufacturing costs and period costs E) revenues earned and variable costs

Business

If a stock's required return exceeds its expected return, it should be purchased

Indicate whether the statement is true or false.

Business

Brian makes a material misrepresentation of fact regarding his horse to Rosalind while out riding one day. Later that day, Rosalind makes an offer to buy the horse. Brain accepts without correcting his earlier misrepresentation of fact. In this case:

A) Brian may avoid the contract. B) Rosalind may avoid the contract. C) either or both Brian or Rosalind may avoid the contract. D) neither Brian nor Rosalind may avoid the contract.

Business