The process of taking wool off sheep and using it to make soft sweaters shows how manufacturing can create ________ utility.

A. place
B. possession
C. market
D. form
E. time


Answer: D

Business

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(CMA adapted, Jun 97 #14) Refer to the Devlin Company example. Assuming there are no preferred stock dividends in arrears, Devlin Company's return on common shareholders' equity for the year ended May 31, Year 7, was

a. 6.3 percent b. 7.5 percent c. 7.8 percent d. 10.5 percent e. 15.5 percent

Business

Which of the following is the BEST suggestion for preparing accurate documentation in a report?

a. Choose an authoritative reference manual, be consistent, and include more than enough rather than too little information for citations and references. b. Use more then one authoritative reference manual, be consistent, and include citations only for sources you quote. c. Use the MLA style guide for all reports, be consistent, and include only the author, article title, and publisher information. d. Use the Publication Manual of the American Psychological Association for all documentation and the MLA Handbook, only if needed, as a backup for format.

Business

Gala Enterprises reports the following information regarding the production of one of its products for the month. Compute the total direct materials cost variance, the direct materials price variance, the direct materials quantity variance and identify each as either favorable or unfavorable.Direct materials standard (6 lbs. @ $3/lb.)$18 per finished unitActual direct materials used179,000 lbs.Actual finished units produced30,000 unitsActual cost of direct materials used$554,900 

What will be an ideal response?

Business

Due to strict stock market controls, the most a stock's value can drop in one trading day is 5%

Indicate whether the statement is true or false

Business