Which of the following is used to calculate the number of units to account for under the first-in, first-out (FIFO) method of inventory valuation of process costing? This is the second department in a company using process costing.

A) To account for = Beginning balance + Started and completed + In process
B) To account for = Beginning balance + Amount transferred in
C) To account for = Beginning balance + In process
D) To account for = Beginning balance + Started and completed


B) To account for = Beginning balance + Amount transferred in

Business

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A business traveler joined the Starwood Preferred Guest Program in order to earn points each time he stayed overnight in a Westin or Sheraton hotel. Once he has accumulated enough points, he can trade his points in for a free night's stay. As a member of this program, the traveler receives periodic updates on new hotels and learns of ways to earn additional points. The marketing term that best describes this scenario is

A. customer valuation. B. supplier-consumer partnership. C. customer relationship management. D. relationship marketing. E. customer satisfaction promotion.

Business

According to the PLC, the ________ stage is reached when sales plunge to zero, or when they drop to a low level where they continue for many years

A) laggard B) decline C) maturity D) growth E) incubation

Business

Marketing's fundamental purpose is to create value by developing a variety of offerings that will earn income for the company.

Answer the following statement true (T) or false (F)

Business

______ does not occur among collectivists because they bring their norms for placing group goals ahead of their own interest to the work group situation.

A. Vertical dissonance B. Faultlines C. Social loafing D. Behavior expectation

Business