________ measures the incremental costs that are independent of the size of the order

A) Average sale price
B) Incremental variable cost per unit
C) Incremental fixed cost per order
D) Incremental indirect cost per order


Answer: C

Business

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Static budgets are the best benchmarks for preparing a performance report

Indicate whether the statement is true or false

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Zeldin bought a used motorcycle from Bikers World. When Zeldin asked the salesperson about the mileage, the salesperson stated that the motorcycle had been driven only 3,000 miles, had never been raced, and needed no major engine repairs. In fact, the

cycle had actually been driven over 5,000 miles, had been entered in several racing contests, and needed major repairs. Zeldin purchased the cycle on the salesperson's representations and soon had to pay $200 for major repairs. In a legal action against Bikers World for fraud, would Zeldin be successful?

Business

Which of the following statements regarding the income statement is INCORRECT?

A) The income statement shows the retained earnings and expenses at a given point in time. B) The income statement shows the flow of earnings and expenses generated by the firm between two dates. C) The last or "bottom" line of the income statement shows the firm's net income. D) The first line of an income statement lists the revenues from the sales of products or services.

Business

As per the Risk and Return evaluation matrix for Six Sigma projects, projects that are home runs have a

A) low risk factor and low return factor. B) high risk factor and low return factor. C) low risk factor and high return factor. D) high risk factor and high return factor

Business