Suppose that the watchband division of Timex sells completed watchbands to the finished watch division. The finished watch division is charged the price it would have to pay an outside watchband manufacturer less a discount to reflect low sales and transportation costs. This method of pricing is called ____ pricing.
A. zone
B. actual full cost
C. market-based cost
D. cost plus investment
E. standard full cost
Answer: C
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Accrued expenses at the end of one accounting period are expected to result in cash payments in a future period.
Answer the following statement true (T) or false (F)
The time required to travel downtown at 10 a.m. on Monday morning is known to be normally distributed with a mean of 40 minutes and a standard deviation of 5 minutes. What is the probability that it will take less than 40 minutes?
A) 0.50 B) 0.20 C) 0.80 D) 1.00 E) None of the above
Which of the following statements is true about totalitarianism?
A. The government is controlled by the citizens either directly or through elections. B. Power is often maintained by suppression of opposition, which can be violent. C. A representative party needs to strictly adhere to the goals of the majority ruling. D. Individual freedoms, such as freedom of expression and assembly, are secured.
Dog SpaKelly Tumlin wants to open a dog grooming salon that will offer healthy, natural pet care and holistic pet products. All of the products sold at the salon will be of the highest quality and made of all-natural ingredients.. Tumlin wants to pamper pets just like a spa pampers their owners. To determine the feasibility of the grooming salon, Tumlin hired a marketing researcher who studied all the market information available and determined that single, white-collar workers between the ages of 30 and 60 were the most likely people to use the services proposed by Tumlin. The researcher also determined the west side of the city offers the best location for the enterprise even though zoning regulations are much stricter in that area.What type of research did the marketing consultant
perform for Tumlin? A. basic B. preliminary C. applied D. causal E. factorial