Which of the following costs usually would not be included in the cost of inventory?
a. Insurance on goods in transit
b. Related tariffs
c. Invoice price less purchase discounts
d. Storage costs
d
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Which of the following statements is true concerning intangible assets?
a. Intangible assets have no economic substance. b. Intangible assets lack physical existence. c. Intangible assets are listed in the stockholders' equity section of the balance sheet. d. Intangible assets appear in the current assets section of the balance sheet.
In most occasions, customers will be able to tell what products they want and need
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. We tend to accept the words of those who listen to us. 2. Hearing and listening are essentially the same process. 3. You can hear without listening but you cannot listen without hearing. 4. A good speaker builds redundancy into his or her message.
A(n) ________ is a seagoing common carrier operating over established routes with a stated rate schedule
A. conference line B. independent line C. common carrier D. free carrier