Perhaps the most important clause of a consulting contract to the consultant is the assurance of payment

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Kesterson Corporation has provided the following information:  Cost per UnitCost per PeriodDirect materials$6.20  Direct labor$3.10  Variable manufacturing overhead$1.35  Fixed manufacturing overhead  $14,000Sales commissions$1.50  Variable administrative expense$0.40  Fixed selling and administrative expense  $4,500 If the selling price is $21.90 per unit, the contribution margin per unit sold is closest to:

A. $9.35 B. $8.45 C. $12.60 D. $5.65

Business

____________________ is the problem occurring in litigation of one side mistakenly sending to the other side materials that are protected by the attorney-client privilege.

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

Business

Which of the following statements is true about electronic commerce?

A) Business-to-business electronic commerce is by far the largest form of electronic commerce in terms of revenues. B) Electronic commerce is limited to transactions between businesses and consumers. C) Electronic commerce between businesses and their employees is impossible. D) All forms of electronic commerce involve business firms. E) Consumer-to-consumer electronic commerce is a complete reversal of the traditional business-to-consumer electronic commerce.

Business

The contribution margin:

A) is dependent upon achieving a minimal level of output. B) increases as the level of output decreases. C) decreases as the level of output decreases. D) has a major effect on the present value break-even point. E) changes indirectly to a firm's tax rate changes.

Business