Intellectual property is
a. protected in the same way as land.
b. exclusive.
c. expensive to produce but cheap to reproduce and transmit.
d. expensive to produce, copy, and transmit.
c
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To effectively use variances to improve operations, management should take the following steps except:
a. Taking appropriate action to follow up on variances. b. Breaking down the total variance by usage and price. c. Adding variances together to determine the impact on financial statements. d. Analyzing cause and effect of both favorable and unfavorable variances.
The prospect stands up after the sales presentation and says, "Your electronic vending machine seems to be very sophisticated, but we are highly satisfied with the models we are currently using. Thanks for coming by." Which objection is being used by the prospect?
A. Hidden B. Forestalling C. No-need D. Source E. Anticipatory
Which of the following procedures is NOT recommended when conducting an electronic search?
a. Start with a large search engine and then move to a smaller one if necessary. b. Structure searches from broad to specific. c. Look for web pages that have links to other related topics. d. Follow the particular format and instructions of each search engine or database.
During the current year, Simpson, Inc. incurred $9,000 in fixed costs and $13,000 in variable costs. If the number of units produced is halved next year, the company will incur $4,500 as fixed costs and $6,500 as variable costs
Indicate whether the statement is true or false