The Consumer Trade Commission focuses mainly on protection of consumers in the area of antitrust law

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Which of the following benefits can be reasonably quantified?

a. direct benefits b. tangible benefits c. indirect benefits d. intangible benefits

Business

International accounting standards use the term provision for those contingent items that must be recorded on the balance sheet

a. True b. False Indicate whether the statement is true or false

Business

Which of the following statements is true about fixtures?

A) Freestanding appliances are considered to be fixtures. B) An item that is not permanently affixed to the land cannot be considered as a fixture. C) If a tenant attaches an item permanently to the realty, it is no longer the personal property of the tenant. D) When a trade fixture is attached to the realty, it is no longer the personal property of the business tenant.

Business

A product has a demand of 4000 units per year. Ordering cost is $20, and holding cost is $4 per unit per year. The EOQ model is appropriate

The cost-minimizing solution for this product will cost ________ per year in total annual inventory (holding and setup) costs. A) $400 B) $800 C) $1200 D) Zero; this is a class C item. E) Cannot be determined because the unit price is not known.

Business