Bo and Clancy decide to do business as Marketing & Promotion Services. To be a partnership, this association can result from an agreement that is
A) express, but not from an agreement that is implied
B) implied, but not from an agreement that is express.
C) oral, written, or implied by conduct.
D) written, but not from an agreement that is oral or implied.
C
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A contingent liability is recorded only if a loss is at least reasonably possible and the amount is reasonably estimable.
Answer the following statement true (T) or false (F)
In a short essay, discuss the considerations that should be made when choosing between nonprobability sampling versus probability sampling for a market research study
What will be an ideal response?
The following information pertains to the Braun Company for March: Standard direct labor hours per unit .5 hours Budgeted production level 20,00 . units Actual units produced 22,00 . units Standard variable rate per direct labor hour $2.00 Standard fixed rate per direct labor hour $3.00 Actual direct labor hours worked 10,500 hours Actual direct labor costs $150,000 Actual fixed factory overhead
31,800 Actual variable factory overhead 22,200 Using the four-variance method of factory overhead variance analysis, what is the fixed overhead production-volume variance? a. $1,200 favorable b. $1,800 unfavorable c. $3,00 . favorable d. $1,200 unfavorable
A firm that focuses on a ________ orientation is likely to view the market as a homogeneous group that will be satisfied with the basic function of a product
A) production B) consumer C) sustainability D) CRM E) TQM