Which of the following is not a characteristic that should be possessed by a marketing objective?
A. It should be measurable.
B. It should be expressed in clear, simple terms.
C. It should be consistent with both business-unit and corporate strategies.
D. It should specify a time frame for its accomplishment.
E. It should be open ended in terms of time.
Answer: E
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_____________are a distribution of net income for the period, not a determinant of net income as are expenses
Fill in the blank(s) with correct word
George's case was handled under the "small tax case procedure." He does not agree with the findings of the Tax Court. He would like to appeal the decision. Which one of the following is true?
A. There is no appeal. B. He would appeal first to the U.S. Court of Federal Claims. C. He would appeal first to the U.S. Court of Appeals for the Federal Circuit. D. He can appeal the case, but only if the amount of tax involved is greater than $5,000.
A leading proponent of the utilitarian approach to ethics was the eighteenth-century philosopher Immanuel Kant
Indicate whether the statement is true or false
Prather Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 50,000Total fixed manufacturing overhead cost$285,000Variable manufacturing overhead per direct labor-hour$3.80 Recently, Job P513 was completed with the following characteristics: Number of units in the job 10Total direct labor-hours 20Direct materials$710Direct labor cost$500The predetermined overhead rate is closest to:
A. $9.50 per direct labor-hour B. $3.80 per direct labor-hour C. $13.30 per direct labor-hour D. $5.70 per direct labor-hour