A decision in which a manager needs to determine whether a product line (or segment) should continue or be eliminated is what kind of decision?
A) relevant
B) make-or-buy
C) sell-or-process-further
D) special order
E) keep-or-drop
E
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Which amortization method should be used for intangibles that are amortized?
A) a method based on the expected pattern of benefits to be produced by the asset B) a method based on an annual review for impairment C) the straight-line method; all others are inappropriate D) any method is appropriate
In a SWOT analysis, ________ include favorable trends in the external environment
A) strengths B) challenges C) weaknesses D) opportunities E) threats
The UPDATE statement is sometimes called a jumping control because it instructs the program to "jump to" some specific area of the code.
Answer the following statement true (T) or false (F)
Darrow purchases a new car from Slippery Motors. The retail installment contract states immediately above the buyer's signature in large, bold type: "There are no warranties that extend beyond the description on the face hereof" and "There are no express warranties that accompany this sale unless expressly written in this contract." Before purchasing the car, Darrow specifically informed Slippery's salesperson that he wanted a car that could be driven in a dusty area without needing mechanical repairs. Slippery's salesperson said to Darrow, "Nothing will go wrong with this car, but if it does, return it to us, and we will repair it without cost to you." Neither this statement nor any similar statement appears in the retail sales contract. Darrow drives the car into a dust storm. The air
filter gets plugged up, and the car engine overheats, causing motor damage. Slippery Motors refuses to repair the engine under any warranty. Darrow claims that Slippery is liable for breach of the implied warranty of fitness for a particular purpose, that the Magnuson-Moss Warranty Act prohibits disclaiming this implied warranty, and that the salesperson's express warranty has also been breached. What are the problems with Darrow's claims? What will be an ideal response?