As a practical matter, most firms report segment information by _____ indicating that most firms appear to be organized on these same lines

a. geographical markets
b. products and services
c. major customers
d. resource inputs
e. production methods


B

Business

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The Superfund imposes ________ liability on the principally responsible parties.

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

Business

Chadwick Ski Lodge Chadwick Ski Lodge decides how many housekeepers it needs to hire based on expected hotel occupancy. The following shows the budgeted housekeeping costs per month at various occupancies: Number of occupied rooms Housekeeping costs 0 - 25 $11,500 26 - 40 23,000 41 - 55 34,500 Refer to the information provided for Chadwick Ski Lodge. What type of cost is housekeeping?

A) Semi variable B) Variable C) Step D) Mixed

Business

Argyle Designs, Inc. has entered into a contract to design 40 new dresses for a customer. It will collect a total of $40,000 after the design services are complete. Argyle started design work on June 1. As of June 30, it finished 8 of the 40 designs

The company will make an adjusting entry at the end of June to accrue $10,000 of service revenue. Indicate whether the statement is true or false

Business

Mira purchased some eyeliner from an Internet-based beauty supply house, and now she often receives online recommendations for other products from the same cosmetics line. These recommendations were probably the result of

A. items the retailer no longer carries. B. purchases other customers had made that day. C. the purchases she had made. D. manufacturer clearances and overruns. E. products she may have returned to the company.

Business