______ is a peripheral tactic that relies on a previous dedication, such as signing a pledge, in order to persuade.
A. Authority
B. Commitment
C. Guilt
D. Contrast effects
B. Commitment
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According to the expectations theory of the term structure of interest rates,
A. a short-term interest rate is equal to the average of current and expected future long-term interest rates. B. a short-term interest rate has no relation to long-term interest rates. C. a long-term interest rate is equal to the average of current and expected future short-term interest rates. D. the yield curve is always flat.
Match each of the following terms with the appropriate definition.________ (1) Direct materials________ (2) Indirect costs________ (3) Product costs________ (4) Prime costs________ (5) Fixed costs________ (6) Direct labor________ (7) Period costs________ (8) Conversion costs________ (9) Factory overhead________ (10) Variable costs(a) Costs that are expensed to the income statement in the period incurred..(b) Costs that change in proportion to changes in volume of activity.(c) The efforts of employees who physically convert materials to finished products.(d) Manufacturing costs that cannot be separately or readily traced to finished goods.(e) Costs necessary to create a product..(f) Costs incurred in the process of converting raw materials to finished
products; include direct labor and factory overhead.(g) Tangible components of a finished product separately and readily traced through the manufacturing process.(h) Costs directly associated with the manufacture of finished products; include direct materials and direct labor.(i) Costs that do not change in total with changes in the volume of activity.(j) Costs that cannot be easily and cost-beneficially traced to a single cost object. What will be an ideal response?
In the Excel Solver parameters window, which of the following options should be selected from the “Select a Solving Method” drop-down menu to solve an LP problem?
A. GRG Nonlinear B. Simplex LP C. Evolutionary D. Complex LP
Refer to the instruction above. What does the company save for the year by selecting this low-cost option (for annual requirements of 5,000 units)?
A) $15,000 B) $60,000 C) $65,000 D) $5,000