Which of the following would have the least likelihood of being treated as an extraordinary item?

a. Uninsured loss from earthquake
b. Gain or loss on sale of equipment
c. Gain or loss arising from enactment of new law
d. Uninsured loss from fire


B

Business

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The method in which the current year's uncollectible accounts are estimated based on the relationship between the amount of credit sales and the amount of uncollectible accounts in prior years is called the ____________________ method

Fill in the blank(s) with correct word

Business

_____ systems are designed to support any and all relationships with customers.

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

Business

Nintendo, producer of the Wii video game console, might define its competitors as other makers of physically interactive video games

But from a(n) ________ point of view, it would include all firms making physically interactive recreational products. A) industry B) market C) segment D) niche E) interdependent

Business

Companies allocate service department costs to other departments for all of the following reasons except:

A) to improve decisions concerning how to use scarce resources. B) to hold departments that consume the resources accountable for the services they consume. C) to provide more accurate product cost information. D) to determine what the salary of service department employees should be.

Business