The first ten amendments of the U.S. Constitution are called:
a. the Constitutional Amendments b. the Due Process Amendments c. the Bill of Rights
d. the Articles of Confederation
e. the Declaration of Independence
c
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Charging different prices to different segments according to their price elasticity or sensitivity is commonly known as:
A) price segmentation. B) price differentiation. C) price discrimination. D) price preference.
Harrod Company paid $4,800 for a 4-month insurance premium in advance on November 1, with coverage beginning on that date. The balance in the prepaid insurance account before adjustment at the end of the year is $4,800 and no adjustments had been made previously. The adjusting entry required on December 31 is:
A. Debit Insurance Expense, $2,400; credit Prepaid Insurance, $2,400. B. Debit Prepaid Insurance, $2,400; credit Insurance Expense, $2,400. C. Debit Prepaid Insurance, $1,200; credit Insurance Expense, $1,200. D. Debit Insurance Expense, $1,200; credit Prepaid Insurance, $1,200. E. Debit Cash, $4,800; Credit Prepaid Insurance, $4,800.
HSH is a manufacturer of components for a major automotive producer. In 2012, HSH produced 12,000 units. In 2013, the company produced 14,000 units. HSH estimated that it spent $1.5 million to produce the units in 2012 and $1.7 million to produce the units in 2013. What was HSH’s productivity in 2012?
a. 8,235 units/million $ b. 2,000 units/million $ c. 8,000 units/million $ d. 0.00013 units/million $
Workers who cross a picket line to work during a strike but are then discharged at the end of the strike are known as _______________________________.
Fill in the blank(s) with the appropriate word(s).