Apple makes its computers available through its own stores, its website, and some major retailers. This is an example
A. multichannel distribution.
B. vertical integration.
C. horizontal integration.
D. tying agreements.
E. exclusive dealing.
Answer: A
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The EU has recently agreed to cut the taxes it charges on bananas imported from Central and South America. This tax is a type of
A. embargo. B. tariff. C. import quota. D. predatory selling. E. boycott.
From a technical point of view, online databases that are used with Web browsers are different from other databases.
Answer the following statement true (T) or false (F)
Distribution costs are an example of period costs
Indicate whether the statement is true or false
Which of the following statements related to the multiple-step income statement is not true?
A. Nonoperating items are reported separately from operations. B. The first section of the statement reports gross profit. C. Subtotals for total selling expenses and general and administrative expenses are reported. D. Shows only one total for expenses. E. Interest revenue is included with other revenue and gains.