The ________ usually provides the neutral third party who is used for the common alternatives to strikes.
A. National Labor Relations Board
B. National Mediation and Arbitration Commission
C. Federal Mediation and Conciliation Service
D. Federal Labor Relations Board
E. Federal Arbitration and Consulting Service
Answer: C
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Which of the following is most likely NOT an example of the follow-up step of the selling process?
A. A salesperson calling a prospect for a buying decision about a product. B. A salesperson evaluating the effectiveness of a product after the sale. C. A salesperson addressing a customer complaint immediately and appropriately. D. A salesperson sending a thank-you note to a customer for a recent product purchase. E. A salesperson conducting a customer satisfaction survey 3 months after the sale.
Carolina Products Carolina Products sells a unique item with the following information available: Sales price $45 per unit Variable costs $15 per unit Fixed costs $5 per unit Units produced and sold 2,000 Refer to the Carolina Products information above. If one more unit is sold, net operating income will:
A) increase by $30. B) increase by $25. C) increase by $45. D) increase by $40.
Record journal entries for the following transactions. (a) On December 1, $18,000 was received for a service contract to be performed from December 1 through April 30. (b) Assuming the work is performed evenly throughout the contract period, prepare the adjusting journal entry on December 31