A generic market definition includes all of the following EXCEPT
A. customer type.
B. geographic area.
C. customer needs.
D. product type.
Answer: D
You might also like to view...
Athena Company provides employee health insurance that costs $5,000 per month. In addition, the company contributes an amount equal to 5% of the employees' $120,000 gross salary to a retirement program. The entry to record the accrued benefits for the month would include a:
A. Credit to Employee Benefits Expense $11,000. B. Debit to Employee Benefits Expense $11,000. C. Debit to Medical Insurance Payable $5,000. D. Debit to Payroll Taxes Expense $11,000. E. Debit to Employee Retirement Program Payable $6,000.
The inventory write-down rule under IAS 2 can best be labeled
a. lower of cost or market. b. lower of cost or net realizable value. c. lower of net realizable value or market d. lower of ceiling or floor.
A rock group assigns its payment under a performance contract to the Costume Shop, a business that has supplied the group with outrageous stage outfits, and to which the group owes a great sum of money. This is
a. a valid assignment because of the rule of freedom to contract. b. a valid assignment because this is a simple transfer of the right to receive money. c. an invalid assignment because it increases the burden of the payor. d. an invalid assignment because this is a personal service contract.
Use the network pictured and assume all labeled flows are forward flows. Suppose the reverse flows for each path are exactly half of the forward flows. What is the maximum flow through this network?
A) 18 B) 28 C) 10 D) 8