Janus, Inc. invests excess cash of $100,000 in corporate bonds on March 30, 2017. The bonds mature 20 years from the date of purchase. Janus plans to hold the bonds until maturity. How does the March 30, 2017 transaction affect the accounting equation?
A) liabilities will increase
B) equity will decrease
C) long-term assets will decrease
D) total assets will remain unchanged
D
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Which of the following is an activity that causes changes in the amount of a cost pool?
a. Cost element b. Cost function c. Cost driver d. Cost allocation
Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. According to the company's leading salesperson, Peter Austin, "We have lots of repeat corporate customers as a result of the importance we place on getting the hampers out on time and filled with the right products."When Austin asks a prospective CEO to imagine how pleased his customers will be when they receive a custom-designed picnic hamper from Clearwater, Austin is using:
A. a prestige suggestion. B. counter-offering. C. logical reasoning. D. empathy. E. autosuggestion.
Independent demand items are products ______.
A. in demand in countries that have declared their independence B. whose demand does not depend on demand for other finished products C. that are in demand irrespective of the price of the product D. that are in demand irrespective of the quality of the product
________ occurs when a firm decides to utilize other firms to perform value-creating activities that were previously performed in-house.
A. Offshoring B. A transnational strategy C. Outsourcing D. A global strategy