What determines the difference between a direct and an indirect cost?

A. Whether it is relevant to a particular decision.
B. Whether it is related to manufacturing or nonmanufacturing activities.
C. Whether it changes when activity levels change.
D. Whether it can be traced to a specific cost object.


Answer: D

Business

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Avani is nervous about the nature of how her employees use business gratuities. If her company is crafting a code of conduct, how should business gratuities be handled in that code?

a. Make it clear that it is never acceptable to provide or accept a gratuity. b. Offer clear examples of when it is acceptable to provide or accept a gratuity. c. Make it clear that exchange of gratuities should remain confidential. d. Make it clear that gratuities and bribes are synonymous.

Business

Rick gives into his boss all of the time. His reaction to authority efforts would be described as ______.

A. codependent B. counterdependent C. interdependent D. overdependent

Business

In the retail life cycle, ________ is the stage of emergence of a retail outlet, with a sharp departure from existing competition.

A. accelerated development B. maturity C. early growth D. introduction E. decline

Business

Which of the following statements about the Medicare prescription drug benefit is (are) true?

I. Beneficiaries select a prescription drug plan and pay monthly premiums, with the premium reduced or waived for low-income beneficiaries. II. The benefit provides first-dollar coverage of prescription drugs up to a maximum of $10,000 per year, but no coverage after $10,000. A) I only B) II only C) both I and II D) neither I nor II

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