Prime cost equals manufacturing overhead cost.
Answer the following statement true (T) or false (F)
False
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What are vesting rights?
A. the guarantee that employees in a pension plan will receive a pension at retirement age, regardless of whether they stay with the employer B. the designation that retired workers will receive cost-of-living increases as part of their monthly pension checks C. the ability of younger workers to move their retirement savings to another account after leaving a specific employer D. a government commitment to provide retirement benefits to all U.S. workers E. the ability of retired employees to retain their seniority if they return to work at their former employer
According to Michael Porter, which of the following is a broad market strategy that can enable companies to offer lower prices to customers in the late, more competitive stages of the product life cycle?
A) focused differentiation B) product differentiation C) cost leadership D) cost focus
The signature model cannot resolve the time issues of using the timestamp model.
Answer the following statement true (T) or false (F)
Patty owned a sole proprietorship. She had four salespersons selling the company's products
One of her salespersons made false statements about a competitor's products while trying to sell Patty's products. The competitor sues Patty's business and wins the lawsuit. Under what circumstances could Patty be personally responsible to pay the judgment? A) None, because this was a debt of the business B) Patty is liable here regardless of any other circumstances C) If Patty was separately named in the lawsuit D) If Patty knew about the salesperson's activities E) If the salesperson's activities were part of a continuing pattern rather than an isolated incident