The Internet offers ________, where the price can easily be adjusted to meet changes in demand

A) captive pricing
B) dynamic pricing
C) basing-point pricing
D) price bundling
E) cost-plus pricing


B

Business

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The three types of business activities in which all corporations engage are , ______________________, and _____________________

Fill in the blank(s) with correct word

Business

Prayer Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: MachiningCustomizingMachine-hours 19,000 13,000Direct labor-hours 1,000 8,000Total fixed manufacturing overhead cost$110,200$68,800Variable manufacturing overhead per machine-hour$2.00  Variable manufacturing overhead per direct labor-hour  $3.60The estimated total manufacturing overhead for the Machining Department is closest to:

A. $148,200 B. $299,725 C. $38,000 D. $110,200

Business

________ refers to funds vendors give retailers to cover lost gross margin dollars.

A. Chargeback B. Slotting allowance C. Buyback D. Tariff E. Markdown money

Business

What specific internal control procedure would prevent the shipping clerk from taking goods from the storeroom and sending them to someone who had not placed an order?

Business