Pricing of services

a. requires the same approach as pricing of products.
b. uses a markup percentage to add the cost of overhead to the direct costs of labor, materials, and parts.
c. always requires three pricing computations, one for materials, one for parts, and one for labor.
d. is less accurate than pricing of products.


B

Business

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A voluntary export agreement

a. typically applies only to the world's most important exporting nation(s). b. typically applies only to the world's least important exporting nation (s). c. is always more restrictive on trade than a tariff or import quota. d. allows producers with superior products to participate in market.

Business

When a company contacts an applicant during any phase of the interview process, how soon should the candidate respond before they risk losing the opportunity?

A) Within the same business day B) Within 24 hours C) Within 2 business days D) Within 72 hours E) Within the same week

Business

The statement of cash flows shows the effects on net income of a company's operating, investing, and financing activities for an accounting period

Indicate whether the statement is true or false

Business

Transactions dealing with the exchange of cash between the firm and its owners (stockholders) and creditors are classified as financing activities on the statement of cash flows

Indicate whether the statement is true or false

Business