When a union would negotiate substandard wages or working conditions, or ignore employer contract violations, while still collecting union dues, it was called a __________________ contract.

Fill in the blank(s) with the appropriate word(s).


sweetheart

Business

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Exhibit 9-1 The Happy Cereal Company includes a premium in each box of its cereal. For four premiums plus $2.00, customers are entitled to a plastic wiggle worm that costs Happy $4.50 each. Happy expects 60% of the premiums to be redeemed. In 2016, Happy sold 500,000 boxes of cereal and distributed 25,000 wiggle worms. Refer to Exhibit 9-1. What is Happy's estimated liability for unredeemed

premiums on December 31, 2016? A) $125,000 B) $187,500 C) $225,000 D) $337,500

Business

Demographic segmentation is so frequently used in market segmentation because it ________

A) creates smaller segments than other methods do B) creates more easily reached segments than other methods do C) does not involve stereotypes D) involves the easiest information to obtain E) involves the fewest attributes

Business

In a job order cost accounting system, the entry to record the flow of direct materials into production is:

A) debit Work in Process, credit Materials B) debit Materials, credit Work in Process C) debit Factory Overhead, credit Materials D) debit Work in Process, credit Supplies

Business

Of the three cost reduction methods typically used, reverse engineering tears down the competitors' products to discover more design features that create cost reductions

Indicate whether the statement is true or false

Business