A relationship between the instances of a single entity type is called a ________ relationship

A) ternary
B) primary
C) binary
D) unary


D

Business

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According to a study examining the status of sales as a true profession, sales meets the professional criteria of _____ through professional organizations such as the Strategic Account Management Association (SAMA) and through a common sales vocabulary such as that found in textbooks and training materials.

A. ensuring the welfare of internal and external stakeholders B. making a significant contribution to society C. having a defined culture and organization of colleagues D. developing a well-established routine for salespeople E. adhering to a uniform ethical code

Business

Which of the following must be known about a production process in order to institute a variable costing system?

a. the variable and fixed components of all costs related to production b. the controllable and non-controllable components of all costs related to production c. standard production rates and times for all elements of production d. contribution margin and break-even point for all goods in production

Business

The specific meaning of goodwill in accounting is:

A. Rights granted an entity to deliver a product or service under specified conditions. B. The cost of developing, maintaining, or enhancing the value of a trademark. C. Long term assets held as investment. D. The support of the board of directors for the operating decisions of management. E. The amount by which a company's value exceeds the value of its individual assets and liabilities.

Business

Dobson Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net income of $50,000. The equipment will have an initial cost of $500,000 and have an 8-year life. There is no salvage value of the equipment. The hurdle rate is 10%. Ignore income taxes. Calculate the following:a. Accounting rate of returnb. Payback period

What will be an ideal response?

Business