The main activities of value chain members include all of the following EXCEPT ________
A) bringing in materials to make the product
B) converting the materials into the final product
C) providing unbiased information about the product to consumers
D) shipping out the final product
E) servicing the product after purchase
C
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A company had a beginning balance in retained earnings of $43,100. It had net income of $6100 and declared and paid cash dividends of $5650 in the current period. The ending balance in retained earnings equals:
A. $11,750. B. $43,550. C. $42,650. D. $5650. E. $54,850.
As part of an organization’s annual appraisal process, managers can include a(n) “______ rating” for each member of the organization.
A. profitability B. closed C. promotability D. open
Which of the following conditions would cause the break-even point to decrease?
A) Total fixed costs increase B) Unit selling price decreases C) Unit variable cost decreases D) Unit variable cost increases
A manufacturer normally has
A) three inventory accounts B) two inventory accounts C) four inventory accounts D) none of these