Cost accounting is directed toward the needs of

a. regulatory agencies.
b. external users.
c. internal users.
d. stockholders.


C

Business

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Blue Scales, Inc. entered into a contract to purchase 20,000 units of raw materials from Scorpio, Inc. If Scorpio fails to deliver on its obligations, which of the following statements is true?

A) Scorpio will have to pay the amount it has already received from Blue Scales. B) Scorpio will have to pay the profits lost by Blue Scales. C) Scorpio will have to pay whatever sum Blue Scales speculates as damages. D) Scorpio will have to pay Blue Scales the price difference in purchasing from another supplier plus court costs.

Business

Brands serve to _______________________, the cognitive dissonance when a consumer fears they have made the wrong choice.

a. Increase psychological risk b. Reduce functional risk c. Reduce psychological risk d. Increase functional risk

Business

Consider the following items of information:I. The target recovery period. II. The discount rate. III. The timing (i.e., year) of a cash flow. Which of the above items would be needed to calculate the present value of a cash flow?

A. I only. B. I, II, and III. C. II only. D. II and III. E. I and II.

Business

The statute of limitations for willful violations is extended to _____ years.?

A) ?five B) ?two C) ?three D) ?four

Business