According to critics, large marketing companies use patents and heavy promotion spending to ________
A) acquire smaller companies
B) offset too many social costs
C) prevent industry competition
D) achieve economies of scale
E) offset cultural pollution
C
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During October, Department A started 320,000 units of product in a particular manufacturing process. The beginning work in process inventory was 50,000 units, and the ending inventory was 30,000 units. Direct materials are introduced at the start of processing, and beginning and ending inventories are considered to be 50 percent complete with respect to conversion costs. Department A uses the
FIFO costing method. The number of units started and completed during October was a. 350,000. b. 360,000. c. 290,000. d. 320,000.
Which of the following statements about incremental analysis is false?
a. It is based on both historical and future information relevant to the decision at hand. b. It focuses on the differences between alternatives. c. It reduces the time taken to select the best course of action. d. It makes the evaluation process easier for the decision maker.
The ratio of income to sales is referred to as ______________________________
Fill in the blank(s) with correct word
Which of the following is NOT an error in data gathering?
a. Using samples that are too small b. Administering the survey to a small group of the population before conducting the actual survey c. Gathering too much information and then attempting to use all of it d. All of the above are errors.