In the formula y = a + bX, a represents
a. mixed cost.
b. variable cost.
c. total cost.
d. fixed cost.
D
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Which activity is most appropriate for the first step of the career management process?
A. identifying the steps and timetable to reach a goal B. goal setting C. reality checking D. specifying the competencies to be developed E. self-assessment
Adjusting entries are useful in apportioning costs among two or more accounting periods
Indicate whether the statement is true or false
On June 8, Alton Co issued an $80,000, 6%, 120-day note payable to Seller Co Assume that the fiscal year of Seller Co ends June 30. Using the 360-day year in your calculations, what is the amount of interest revenue recognized by Seller in the following year?
A) $1,200.00 B) $1,208.89 C) $1,306.67 D) $1,600.00
Legally defined sites within a country that are subject to special customs procedures are:
a. free trade areas. b. custom free zones. c. foreign trade zones. d. free custom areas.