Primary demand is
A. the demand for the general product idea.
B. any unpaid form of nonpersonal presentation of ideas, goods, or services.
C. any paid form of nonpersonal presentation of ideas, or services by an identified sponsor.
D. the main form of mass selling.
E. just the demand for the company's own brand.
Answer: A
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Which of the following is included in the category of other receivables?
A) interest receivable B) accounts receivable C) notes receivable D) investments
According to the UK advertising code administered by the Advertising Standards Authority (ASA), advertising should be:
a. Legal, decent, honest, truthful b. inoffensive, honest, clear c. specific, measurable, achievable, relevant, timed d. attention grabbing, interesting, desirous and actionable e. legal, relevant, appropriate and not misleading
Ting Company started the accounting period with the following beginning balances:Raw Materials Inventory, $21,000; Work in Process Inventory, $45,000; and Finished Goods Inventory, $10,000. During the accounting period, the company purchased $30,000 of raw materials and ended the period with $8,000 in raw material inventory. Direct labor costs for the period were $60,000, and $63,000 of manufacturing overhead costs were allocated to work in process. There was no over- or underapplied overhead. Ending work in process was $41,000 and ending finished goods was $17,500. Goods were sold during the period for $162,500. The amount of cost of goods manufactured (i.e., amount transferred from work in process to finished goods) would be:
A. $166,000. B. $117,500. C. $170,000. D. $221,000.
The combination of two or more companies to form a completely new corporation is a ________.
A) congeneric formation B) consolidation C) spin-off D) conglomerate merger