The break-even point in units can be obtained by dividing total fixed expenses by the unit contribution margin.
Answer the following statement true (T) or false (F)
True
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The Post. Ref. column in the general ledger shows that an amount has been posted when which of the following is placed in it?
a. The journal page number b. An X c. A check mark d. The account number
A merchandise mart can be best defined as a _____
a. trade show featuring multiple suppliers that takes place in major cities b. permanent vendor showroom c. temporary vendor showroom d. resident buying office
Under ethical fundamentalism, a person looks to an outside source for ethical rules or commands
Indicate whether the statement is true or false
What is a key difference between U.S. law and that of most other countries regarding patents on publicly disclosed innovations?
a. most nations other than the U.S. allow a one year grace period after public disclosure b. the U.S. requires innovations to be public disclosed for one year before a patent is filed c. the U.S. allows a one year grace period after a public disclosure d. U.S. patents only last for one year