Which of the following is not a defense to a price discrimination charge?
A) Changing conditions B) Cost justification
C) Meeting the competition D) Failing company
D
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For an organization to succeed, every department or functional area must work independently to be most effective.
Answer the following statement true (T) or false (F)
A company estimates that warranty expense will be 4% of sales. The company's sales for the current period are $185,000. The current period's entry to record the warranty expense is:
A. Debit Estimated Warranty Liability $7,400; credit Warranty Expense $7,400. B. Debit Warranty Expense $7,400; credit Estimated Warranty Liability $7,400. C. Debit Estimated Warranty Liability $7,400; credit Cash $7,400. D. Debit Warranty Expense $7,400; credit Sales $7,400. E. No entry is recorded until the items are returned for warranty repairs.
Under which of the following circumstances is a warrantless search permitted?
A. if there is no probable cause B. if the suspect has been previously convicted C. if evidence is not in plain view D. if evidence is likely to be destroyed
The performance measurement known as line fill rate measures
A. the percentage of item stocking types on the order shipped on time and complete. B. the value of goods shipped on time versus the line item value of the order. C. the value of the line items that have shipped on time. D. the percentage of an order shipped on time and complete. E. the percentage of the total number of items on the order that the firm shipped on time.