Which of the following is a product cost?
A. Circuitry used in producing hard drives.
B. Monthly advertising in the newspaper.
C. Sales commissions.
D. Research costs for new router development.
E. The salary of the vice president-finance.
Answer: A
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Which of the following is included in the work in process account?
A) manufacturing overhead B) direct labor cost C) cost of raw materials used in production D) All of these answer choices are included in the work in process account.
Which of the following types of transactions would be reported as a cash flow from investing activity on the statement of cash flows?
A) issuance of bonds payable B) issuance of capital stock C) purchase of treasury stock D) purchase of noncurrent assets
In an action against the sate of Idaho, Jaime obtains a remedy. This is
a. the relief given to an innocent party to enforce a right or to prevent or compensate for the violation of a right. b. medication paid for by the government. c. a right guaranteed by the Bill of Rights. d. a situation or state of facts that gives a person a right to initiate a judicial proceeding.
Zipcar is a car rental service found in many metropolitan areas. It targets people who take mass transit or carpool to work but who occasionally need a car to run errands, visit the doctor, or check on a sick child. Zipcar is one of a few companies currently providing cars that can be rented by the hour. Zipcar has created a(n) _____ advantage.
A. reengineering B. experience curve C. service differentiation competitive D. alternative market E. sustainable competitive