Which of the following is included in the business format category of franchises:
a. restaurants
b. nonfood retailers c. business services d. rental companies
e. all of the other specific choices are correct
e
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Which of the following is the date on which a company incurs a legal liability to distribute the dividend to owners of the stock?
a. date of record b. commitment date c. date of declaration d. date of payment
Which of the following is true of the exclusive distribution strategy?
A) It makes products available to everybody, everywhere. B) It is used primarily for convenience items. C) It helps promote a brand's luxury image. D) It gives producers no control over their products. E) It enlists all of the intermediaries willing to carry a company's products.
In a make-versus-buy analysis, what is the correct equation for X?
a. X = (Vb – Vm)/(Fm – Fb) b. X = P/(F – V) c. X = F/(P – V) d. X = (Fm – Fb)/(Vb – Vm)
A drawback of standard costing is that standard costs often fluctuate erratically.
Answer the following statement true (T) or false (F)