Matthew Collin of Collin Pest Control buys equipment from Allied Tools because Allied hires him to spray its warehouse for insects periodically. This practice is an example of

A. cost-benefit trading
B. cooperative selling.
C. reciprocity.
D. supplier agreements.
E. modified rebuy purchase.


Answer: C

Business

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Northern Lights is a large manufacturing company that makes lighted signs and kiosks for major retailers and businesses. In an attempt to control the company's exposure to negative publicity through social media, the Director of HR issues a blanket policy prohibiting employees from posting any information about the company on their social media pages. The company's policy would be considered legal under the Wagner Act (NLRA).

Answer the following statement true (T) or false (F)

Business

Which of the following is not true?

a. The complexities of ABC have caused many firms to pursue value stream accounting. b. Value stream accounting captures costs related to value added activities within a specified department or activity. c. An essential aspect in implementing value stream accounting is defining the product family. d. Value stream accounting makes no distinction between direct costs and indirect costs.

Business

The relevant range is the range of activity for which the assumed cost relationships are valid

Indicate whether the statement is true or false

Business

Your dependent is claimed as an approved exemption on ________ tax return

A) your B) his or her own C) the return they choose themselves D) all of the above E) none of the above

Business