In should-cost modeling, _____ are any components not under the direct control of the buying or supplying company but those that have a significant influence on the outcome being modeled
a. direct costs
b. assumption variables
c. overhead costs
d. transportation modes
e. decision variables
b
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Which of the following statements best describes one effect of recognizing expenses incurred by a business entity?
a. Stockholders' equity will decrease. b. Liabilities will decrease. c. Stockholders' equity will increase. d. Assets will increase.
If the seller refuses to deliver the goods called for by the contract, the buyer can:
A. get the difference between the contract price of the goods and their market price at the time the buyer learns of the seller's breach. B. seek specific performance even if the goods ordered are not unique in nature. C. avoid giving the seller any credit for expenses saved. D. sue for only consequential damages, and if he fails, get a percentage of the difference between contract price and market price.
The ______ perspective suggests that a common economic orientation will eventually lead to a common society where differences in ideology will cease to exist.
Fill in the blank(s) with the appropriate word(s).
Which of the following is NOT an example of a non-equity alliance:
a. Joint venture b. Long-term supply relationship c. Licensing arrangement d. Distribution agreement