Moving products from producer to wholesaler to retailer to consumer is called the traditional channel because most consumer goods are sold this way.
Answer the following statement true (T) or false (F)
True
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Answer the following statements true (T) or false (F)
1.The trade theories of Adam Smith and David Ricardo viewed the determination of competitiveness from the demand side of the market. 2.According to the principle of absolute advantage, international trade is beneficial to the world if one nation has an absolute cost advantage in the production of one good while the other nation has an absolute cost advantage in the other good. 3.The principle of absolute advantage asserts that mutually beneficial trade can occur even if one nation is absolutely more efficient in the production of all goods. 4.The basis for trade is explained by the principle of absolute advantage according to David Ricardo and the principle of comparative advantage according to Adam Smith. 5.The principle of comparative advantage contends that a nation should specialize in and export the good in which its absolute advantage is smallest or its absolute disadvantage is greatest.
Which of the following statements concerning activity-based costing is not true?
a. It assigns costs evenly to jobs using an overhead rate, even though different jobs actually consume resources in different proportions. b. As a result of implementing it, as many costs as possible can be specifically traced to the individual jobs. c. It is worthwhile to implement when different jobs use resources in different proportions. d. Costs that cannot be traced to individual jobs can be separated into homogeneous cost pools and then allocated to individual jobs.
Overstatement of asset fraud can be perpetrated through:
a. depreciation methods. b. asset impairments. c. capitalization of expenditures. d. All of the choices are true.
Which of the following techniques should be followed to communicate ethically and responsibly??
A) A sender should embellish facts to make ideas sound better.? B) ?A sender should use such words that convey several meanings in addition to what is intended. C) ?A sender's message should support his or her interests. D) ?A sender's viewpoints should be supported with objective facts.