As the dollar value of a product increases, packaging costs will:
a. Increase
b. Decrease
c. Stay the same
d. Can't be determined
a
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Which of the following statements is not true?
a. A review of financial statements, including the notes, will indicate how conservative the statements are in regard to accounting policies. b. Accounting policies that result in the slowest reporting of income are the most conservative. c. When a firm has conservative accounting policies, it is said that its earnings are of high quality. d. Under inflationary conditions, the least conservative inventory method is fifo. e. Conservative accounting policies always result in the lowest reported income for any given period of time.
In a multi-product environment:
A) cost-volume-profit analysis is not advisable to use. B) only the product with the highest contribution margin should be sold. C) the product with the highest sales prices per unit should account for the majority of the sales. D) a weighted-average contribution margin per unit should be computed for all products produced and sold.
______________ is use of incentives to influence the actions of others.
a. Coercive power b. Legitimate power c. Expert power d. Reward power
Complexity theory ______.
A. is a systems theory B. involves self-organization C. was developed by Isaac Newton D. both A and B