The Civil Rights Act of 1866 offers plaintiffs the possibility of higher compensatory and punitive damage awards than plaintiffs who file under the Civil Rights Act of 1964
a. True
b. False
Indicate whether the statement is true or false
True
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As the price of a product gets closer to customer value,
A) price elasticity will decrease. B) price elasticity will be unaffected. C) price elasticity will increase. D) product will become perfectly inelastic.
In a factory, all of the following would be considered service departments except:
a. Inspection and Packing b. Assembly c. Power d. Human Resources
The primary external users of accounting information are investors and creditors
Indicate whether the statement is true or false
What costs are treated as product costs under variable (direct) costing?
a. only direct costs b. only variable production costs c. all variable costs d. all variable and fixed manufacturing costs