A modern term for business ethics is:
a. Corporate social responsibility
b. Ethical management
c. Social justice
d. Business responsibility
a. Corporate social responsibility
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Inventory records for Marvin Company revealed the following:DateTransactionNumber of UnitsUnit CostMar.1Beginning Inventory1,000$7.20 Mar.10Purchase600 7.25 Mar.16Purchase800 7.30 Mar.23Purchase600 7.35 Marvin sold 2,300 units of inventory during the month. Cost of goods sold assuming LIFO would be:
A. $16,800. B. $16,660. C. $16,540. D. $16,760.
Which of the following is a short-term loan to the U.S. Treasury and has a maturity date of one year or less?
a. commercial paper b. certificates of deposit (CDs) c treasury bills d. unsecured loans e. debentures
The "battle of the brands" is the competition between dealer brands and manufacturer brands.
Answer the following statement true (T) or false (F)
Marketing cost analysis
A. is done more frequently than analysis of manufacturing costs. B. is not very accurate, since it is almost impossible to link marketing costs to specific sales. C. just uses the same "natural" accounting categories commonly used for financial analysis. D. allocates costs to products or customers, to focus on the purpose for which marketing money is spent. E. None of these answers is correct.