The Andean Pact is a highly successful common market modeled after the EU.
a. true
b. false
Ans: b. false
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In purchasing a direct mailing list, a "hot" list consists of individuals who have:
A) met a specific demographic profile B) responded to previous direct mail offers made by the company purchasing the list C) made purchases or responded to direct mail offers in the past D) responded to a direct mail offer within the last 30 days
Reversing entries should not be made for which of the following?
A) Adjusting entries that defer costs by recording them as prepaid expenses. B) Adjusting entries to expenses that are to be paid in the next period. C) Adjusting entries to accrue revenue to be collected in the next period. D) Adjusting entries related to estimates.
Which of the following softwares allows Internet firms to monitor when customers blog, comment, post, share, link, upload, friend, stream, write on a wall, or update a profile?
A) cookies B) caches C) bridges D) cliques E) buzzers
Answer the following statements true (T) or false (F)
1. Accounting firms, building contractors, and healthcare providers use process costing. 2. A job order costing system is used by companies that manufacture batches of unique products or provide specialized services. 3. A process costing system is used when a company produces identical units through a series of production steps. 4. A job order costing system would be appropriate for a manufacturing company that manufactures identical units through a series of uniform production steps. 5. A cost accounting system will assist a manager in determining how many and which products to produce.