In ____ the goods are sold and delivered to the buyer with an option to return them to the seller
A) a bailment
B) a sale on approval
C) a sale or return
D) entrusting to a merchant
C
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Decko Industries reported the following monthly data:Units produced 52,000unitsSales price$33per unitDirect materials$1.50per unitDirect labor$2.50per unitVariable overhead$3.50per unitFixed overhead$234,000in totalWhat is the company's contribution margin for this month if 50,000 units were sold?
A. $1,275,000 B. $1,650,000 C. $1,450,000 D. $1,716,000 E. $1,326,000
Creating a positive organization culture involves:
A. establishing a "we" spirit, not a "me" spirit in meetings and memorandum. B. being more involved in every aspect of the task, and avoiding delegation. C. not communicating all matters to key employees. D. being conservative in the training process.
Which of the following is not a typical inspection point?
A) upon receipt of goods from your supplier B) when production or service is complete C) before the product is shipped to the customer D) at the supplier's plant while the supplier is producing E) after a costly process
A payment order for a wholesale funds transfer must:
a. be communicated in writing. b. contain no condition to payment other than the time of payment. c. be transmitted by the sender directly to the receiving bank. d. All of these.