Research can
a. clarify the perceptions, needs and wants of the customer
b. anticipate changes in the perceptions, needs and wants of the customer
c. indicate how and why people behave
d. what audiences are potential targets for the organization
e. all of the above
E
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The term "proprietary funds" applies to:
A. enterprise, internal service, and private-purpose trust funds. B. all funds that use accrual accounting. C. enterprise and internal service funds only. D. none of the above answers are correct.
The issue of deciding when to record a transaction is solved by
A) properly classifying the transaction. B) deciding on a point of recognition. C) assigning historical cost to the transaction. D) analyzing the intent of management.
The state of Illinois has passed a law requiring that every automobile be inspected at least once a year for pollution control. Anfang Enterprises is considering entering into this type of business. After extensive studies, Joseph Anfang has developed the following set of projected annual data on which to make his decision: Direct service labor $363,000.00 Variable service overhead costs
270,000.00 Fixed service overhead costs 280,000.00 Marketing expenses 120,000.00 General and administrative expenses 170,000.00 Minimum profit 90,000.00 Cost of assets employed 500,000.00 Anfang believes that his company will inspect 100,000 automobiles per year. The company earns an average of 18.75 percent return on its assets. The price to be charged for inspecting each automobile using the return on assets pricing method would be calculated as follows: a. ($913,000.00 ÷ 100,000) + {($913,000.00 ÷ 100,000) ? [($90,000 + $290,000) ÷ $913,000.00]} b. ($1,203,000.00 ÷ 100,000) + [($1,203,000.00 ÷ 100,000) ? ($90,000 ÷ $1,203,000.00)] c. ($1,203,000.00 ÷ 100,000) + [($500,000 ÷ 100,000) ? 0.1875] d. None of these
A project manager can identify the skills needed for the project from the:
A) Departmental personnel listings. B) Project budget. C) Stakeholder meeting. D) Work breakdown structure.