________ is defined as analyzing, planning, implementing, and controlling sales force activities
A) Benchmarking
B) Sales force management
C) Business intelligence
D) Sales force automation
E) Sampling
B
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In its role as a lender of last resort, the government lends to banks that are
A. solvent but illiquid. B. solvent and liquid. C. insolvent and illiquid. D. insolvent but liquid.
If a variable is measured on a nominal scale, the median should be used
Indicate whether the statement is true or false
The ____________________ is the file or book that contains both the activity and balances of all company accounts
Fill in the blank(s) with correct word
Lenart Corporation has provided the following data for its two most recent years of operation: Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$13Direct labor$6Variable manufacturing overhead$4Fixed manufacturing overhead per year$70,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$6Fixed selling and administrative expense per year$83,000 Year 1Year 2Units in beginning inventory01,000Units produced during the year10,0007,000Units sold during the year9,0006,000Units in ending inventory1,0002,000The unit product cost under absorption costing in Year 2 is closest to:
A. $23.00 B. $10.00 C. $33.00 D. $39.00