Costs such as transportation-out, sales commissions, uncollectible accounts receivable, and advertising costs are sometimes called:
A. upstream costs.
B. indirect costs.
C. direct costs.
D. downstream costs.
Answer: D
You might also like to view...
Contrast the responsibilities of operations management, middle management, and top management. Explain the different information needs for each level of management
Estimated liabilities commonly arise from all of the following except:
A. Pension benefits. B. Warranties. C. Vacation benefits. D. Employee benefits. E. Unearned revenues.
5-year Treasury bonds yield 5.5%. The inflation premium (IP) is 1.9%, and the maturity risk premium (MRP) on 5-year bonds is 0.4%. What is the real risk-free rate, r*?
A. 2.59% B. 2.88% C. 3.20% D. 3.52% E. 3.87%
Charles Keating, the former CEO of Lincoln Savings and Loan, had a life-time dream of constructing the ultimate resort. Prior to his conviction for fraud charges in California, Keating had nearly completed his Phoenician resort. However, court records
list 61 subcontractors as being owed money, including $120,000 for metal work, $303,000 for glass and windows, $2,400,000 for electrical work, $31,000 for painting, and $18.5 million to the general contractor. There was almost $10 million left to be distributed for payments. How would the distribution be handled?