Which of the following refers to a profit planning step of a small business?
A. Listing strategies for rapid growth
B. Listing strategies and possible alternatives to reduce production costs
C. Analyzing the diversification strategies of competitors
D. Determining the volume of sales revenue needed to reach profit goals
Answer: D
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A user-directed test of the complete system in a test environment is called a(n) ____ test
a. Unit b. integration c. Stub d. acceptance
Tarkington Beers, Inc purchased the most popular and well-known pub in a college town. Its purchase price was $1,200,000 . The appraisers determined that the land should be valued at $400,000, the building at $500,000 and the equipment at $200,000 . Which of the following statements is correct?
a. Tarkington Beers, Inc. should record only the appraised value of the assets. b. Tarkington Beers, Inc. needs to adjust the value of the assets in proportion to their appraised value so that the total of the assets equals the purchase price. c. Tarkington Beers, Inc. paid too much for the business and needs to record a loss. d. Tarkington Beers, Inc. needs to record goodwill of $100,000.
Self-pity is a productive behavior
Indicate whether the statement is true or false
Which of the following would be classified as a prevention cost on a quality cost report?
A. Technical support provided to suppliers. B. Net cost of spoilage. C. Debugging software errors. D. Disposal of defective products.