JEMS Enterprise buys wooden furniture, such as tables and chairs, from a furniture manufacturer and sells them to government schools. In this scenario, JEMS Enterprise is a _____.
A. broker
B. producer
C. wholesaler
D. retailer
Answer: C
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The Carlin Fabrication Plant suffered a fire incident at the beginning of the year, which resulted in the loss of property including the accounting records. Some data for the year were retrieved, and extracts from it are shown below:
The company's manufacturing overhead allocation is based on the number of machine hours. What is the amount of manufacturing overhead cost allocated to Work-in-Process Inventory during the year? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $30,419
B) $335,666
C) $104,900
D) $192,708
An example of a(n) ________ is an airline's practice of awarding customers points for miles traveled that can be turned in for free airline trips
A) price-off pack B) rebate C) special pack D) loyalty program E) premium
Nico sees that his former boss led the company by coercing employees into completing their tasks early. Nico would like to take a different approach by empowering his employees. What would be a positive FIRST step?
A. Call a company meeting and tell everyone how he plans to lead. B. Bribe his team of leaders to act like a friendly and open leadership staff. C. Begin immediately modeling the type of open leader he wants his employees to be. D. Write a company policy that penalized anyone for coercive behavior.
Congress established a trust fund for the EPA to use in Superfund cleanup. This trust fund was initially financed by a tax on what?
A) The general public through federal income taxes B) Waste management and landfill operators C) The construction industry D) The oil and chemical industries