Which of the following shows a department's contribution to the company's overall operating income?
a. Gross profit; b. Direct operating margin; c. Operating income; d. All of these; e. None of these
B
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In which of the following may participants win a prize without performing any type of activity?
A) contest B) sweepstakes C) premium D) price-off program
Which one of the following statements regarding the gross profit method is true?
A) The gross profit method is a complicated method to use in practice. B) The gross profit method results in a more accurate inventory valuation than the retail inventory method. C) The gross profit method is an acceptable method to estimate the cost of inventory destroyed by a casualty. D) The gross profit method is often used to calculate the year-end inventory for financial accounting purposes.
The vertical axis of a demand curve graph represents ________.
A. market growth rate B. price per unit C. quantity demanded D. relative market share E. potential profit in dollars
Which of the following statements is false of characteristics of a coalition?
A. All of these are characteristics of a coalition. B. A coalition is focused on a goal or goals internal to the coalition. C. A coalition consists of mutually perceived membership. D. A coalition is independent of the formal structure of the organization.