Ms. Schmidt is coming back to the workplace after having taken time off to spend with her children. She should use a functional resume format that emphasizes her skills. ?

Indicate whether the statement is true or false


Answer: True

Business

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Of the different types of mailing lists that can be purchased, the lowest cost list is a response list

Indicate whether the statement is true or false

Business

In addition to handling complaints about advertising to children, which agency also prescreens ads directed to children?

A) Advertising Self-Regulatory Council B) Federal Communications Commission C) National Advertising Division D) Children's Advertising Review Unit

Business

________ price refers to what the consumers feel the product should cost

A) Fair B) Typical C) Usual discounted D) List E) Maximum retail

Business

Chiclet Company decides at the beginning of 2014 to adopt the FIFO method of inventory valuation. The company had been using the LIFO method for financial and tax reporting since it inception on January 1 . 2012 . The profit-sharing agreement was in place for all years prior to the year of change, 2014 . Payments under this agreement are not an inventoriable cost. Which of the following

statements regarding the accounting for the profit-sharing agreement in connection with the change from LIFO to FIFO is correct? a. The effects of the change in accounting principle on the profit-sharing agreement must be treated retrospectively. b. The effects of the change in accounting principle on the profit-sharing agreement should be reported only in the period in which the change in accounting principle was made. c. It would be impracticable to determine the effect on the profit-sharing agreement as a result of the change in accounting principle. d. There would be no effect on the profit-sharing agreement as a result of the change in accounting principle.

Business