Normally, the longest stage of the product life cycle is the _____ stage.
A. maturity
B. growth
C. introductory
D. decline
E. development
Answer: A
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Under the purchase-and-assumption method of handling a bank failure, the FDIC
A. takes over the bank and controls its operations. B. closes the bank, sells off the assets, pays off insured depositors, and then pays off creditors of the bank if funds remain. C. keeps the bank open and lends funds to it so that it is able to continue its operations. D. finds a buyer for the bank, giving the buyer the good assets of the bank, and assumes the bad loans of the bank.
Sustainability in the context of creating environmental value refers to ______.
A. ensuring a steady and long-term stream of revenues B. ensuring a steady and long-term stream of profits C. ensuring that current operations do not deplete resources now and for the future D. ensuring a steady and long-term stream of sales
A country’s balance of trade refers to ______.
A. the balance between the quantity of goods and services exported and the quantity of goods and services imported B. the net difference between the monetary value of exports and imports of that country C. the balance between the number of items imported and exported D. the fluctuation of exchange rates
In preparing the statement of cash flows for Year 4, internal records indicate that depreciation on manufacturing facilities totaled $800 . The firm included this amount in cost of goods sold in the income statement for Year 4 . None of the of depreciation required an operating cash flow during Year 4 . The T-account work sheet entry adds back the $800 of depreciation on manufacturing facilities
Accountants treat depreciation charges on manufacturing facilities as a. a period expense. b. an opportunity cost. c. a product cost. d. a cost of capital. e. a marginal cost.