Which of the following costs would be incurred even if no units were produced?
A) raw material costs
B) direct labor costs
C) transportation costs
D) building rental costs
E) purchasing costs
D
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The cost of acquiring new customers is less costly than the cost of retaining current ones.
Answer the following statement true (T) or false (F)
If a client expensed the acquisition cost of some assets that should have been capitalized and depreciated them over their useful lives, which of the following would be incorrect?
a. A qualified opinion would be appropriate. b. The opinion paragraph should be modified to include language such as: "except for the effects of not capitalizing the acquisition costs of some assets...". c. An explanatory paragraph should include the effects of the subject matter of the qualification, where practicable. d. An explanatory paragraph should be modified to include language such as: "subject to the qualified act...".
Which of the following is true about adjectives and adverbs?
A. Adjectives, not adverbs, must follow linking verbs. B. Adjectives must never follow linking verbs, adverbs must. C. Both adjectives and adverbs must follow linking verbs. D. Neither adjectives nor adverbs should follow linking verbs.
Which of the following ethical approaches are companies citing to justify their policing of employees' personal habits on and off the job, such as alcohol and tobacco consumption?
A. Justice B. Utilitarian C. Individualism D. Moral-rights E. Practical