The Multiple Listing Service (MLS) provides
A)
a fee-splitting arrangement among sales agents who are members of the Multiple Listing Service.
B)
for multiple media advertising on the sale of your home.
C)
sales announcements in newspapers throughout the nation.
D)
your sales agent with an exclusive right to sell your home.
A
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In 2015, Morton Cosold 150 hot air balloons at $4,000 each. The balloons carry a 5-year warranty for defects. Morton estimates that repair costs will average 4% of the total selling price. The estimated warranty liability at the beginning of the year was $14,000 . $20,000 in claims was actually incurred during the year to honor their warranty. What was the warranty expense for 2015?
a. $10,000 b. $18,000 c. $20,000 d. $24,000
1In ________ , both significant unfavorable and favorable differences from standard are the focal point of management attention
a. Management by exception b. Critical incidents method c. Management by objectives d. Contingency planning
The setup cost to make carpets is $20 per setup. The holding cost is $1.75 per yard per year, and the annual demand is 12,000 yards of carpet per year. The manufacturing facility operates 300 days, and 120 yards of the carpet are produced per day. In this example, ______.
A. the daily demand rate is 12,000/365 B. the daily demand rate is 12,000/300 C. the daily production rate is 12,000/300 D. the daily production rate is 12,000/300
An acceptance of goods can be revoked in any circumstance where the goods could have been
rejected initially. Indicate whether the statement is true or false