The payroll department of a manufacturing company is most likely to be a(n) ________
A) cost center
B) revenue center
C) investment center
D) profit center
A
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In the U.S. federalist system, the two "sovereigns" are the ________
A) president and vice-president B) president and U.S. Senate C) president and U.S. House of Representatives D) state and federal governments
The strategy of charging the highest possible price for a product during the introduction stage of its life-cycle is called price skimming.
Answer the following statement true (T) or false (F)
Using positive law as an ethical standard means simply compliance with the law
Indicate whether the statement is true or false
Troboli is a North American country. The total value of all final goods and services produced in Troboli in the last fiscal year was 3.3% more than the year before that. This growth placed Troboli in a better position than most of its allies. In this scenario, the total value of all final goods and services through which the economic condition of Troboli was assessed is known as _____.
A. net present value B. gross domestic product C. profit margin D. windfall profit