Kristy Martin is getting married on Saturday. She purchases flowers for the church ceremony early Saturday morning from a local flower shop. Which of the following types of utility is not created by this activity?
A. Form
B. Place
C. Time
D. Possession
E. Ownership
Answer: A
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Which of the following product types is typically distributed by using wholesalers?
A) consumer packaged goods B) jewelry C) watches D) automobiles
Chadwick Ski Lodge Chadwick Ski Lodge decides how many housekeepers it needs to hire based on expected hotel occupancy. The following shows the budgeted housekeeping costs per month at various occupancies: Number of occupied rooms Housekeeping costs 0 - 25 $11,500 26 - 40 23,000 41 - 55 34,500 Refer to the information provided for Chadwick Ski Lodge. The number of occupied rooms during the month
of January is expected to be between 41 and 55 at all times. For the month of January, what type of cost does housekeeping effectively become? A) Fixed B) Variable C) Step D) Mixed
The North American Industry Classification System (NAICS) is a single industry classification system used by members of ________. (use acronym)
What will be an ideal response?
The Raw Materials Inventory account is debited when direct materials are issued for production
Indicate whether the statement is true or false