Promotion of weekly discount airfares by an airline would be an example of _____
a. demand management
b. production-rate changes
c. inventory changes
d. facility, equipment, and transportation changes
A
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Which of the following categories is particularly affected by low barriers to entry?
A) microchip processors B) automobile manufacturers C) professional services D) oil drilling
Which of the following statements is true regarding product and period costs?
A. Sales commissions and indirect labor are both period costs. B. Office salaries expense and factory maintenance are both product costs. C. Office rent is a product cost and supervisors' salaries expense is a period cost. D. Delivery expense is a product cost and indirect materials is a period cost. E. Factory rent is a product cost and advertising expense is a period cost.
Which of the following is an advantage of a longevity annuity (longevity insurance)?
A) Death benefits are paid to a beneficiary if death occurs during the deferral period. B) The interest rate credited to the cash value is higher than what is earned on traditional life insurance. C) Monthly benefits begin at an advanced age when other assets are likely to have been depleted. D) The policyowner has unrestricted access to the funds during the deferral period through loans and cash withdrawals.
A finder of lost property who knows the true owner and fails to return the property is guilty of the tort of conversion.?
Indicate whether the statement is true or false