A vendor that employs sales associates for retailers to visit stores, analyze their business and inventory, and create displays of their products will most likely also utilize what method of product delivery?
A. Drop-shipping
B. Consumer direct fulfillment
C. Reverse logistics
D. Direct store delivery
E. Cross-docking
Answer: D
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The difference between the actual allocation base (actual quantity) and the amount of the allocation base that should have been used (standard quantity) times the standard cost is called the ________.
A) variable overhead cost variance B) variable overhead efficiency variance C) fixed overhead cost variance D) fixed overhead volume variance
At the end of a period, before the accounts are adjusted, Allowance for Doubtful Accounts has a debit balance of $500, and net sales on account for the period total $800,000. If uncollectible accounts expense is estimated at 1% of net sales on account, the current provision to be made for uncollectible accounts expense is $8,500
Indicate whether the statement is true or false
Among the merits of why acting in a socially responsible manner is "good business," what remains to be proven in practice?
A. Operating in a socially responsible manner protects the company from consumer, environmental, and human rights activist groups that are quick to criticize businesses whose behavior they consider to be out of line. B. Companies with good reputations for contributing time and money to bettering society are better able to attract and retain employees compared to companies with tarnished reputations. C. To the extent that a company's socially responsible behavior wins applause from consumers and fortifies its reputation, a company may win additional patronage. D. Well-conceived social responsibility strategies help avoid or preempt legal and regulatory actions that could prove costly to the company. E. That there is a high correlation between socially responsible behavior that addresses social issues and a firm's competitive advantage and financial performance.
The federal regulatory body governing the sale and listing of securities is called the ________
A) IRS B) FASB C) GAAP D) SEC