A cost that is assigned to a product using activity-based costing may or may not be a relevant cost in a decision involving that product.
Answer the following statement true (T) or false (F)
True
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For tax purposes, small businesses may expense the first $250,000 of equipment expenditures, rather than having to allocate their costs over a number of years
Indicate whether the statement is true or false
Jessica was visibly drunk when she went into a local store and an aggressive salesman saw she was drunk and got Jessica to sign up for an expensive 2 year cell phone plan. Jessica used the phone for a week and then knew she couldn't afford it
She went to the store and said she wanted to cancel the contract because when she made the contract she was drunk. Most likely a court would rule that A) the contract is void as Jessica was drunk at the time she made the contract B) the contract is void as Jessica lacked the capacity to contract C) the contract is void because the salesman knew Jessica was drunk when she made the contract D) All of the above E) the contract is valid and if Jessica does not pay she will be liable for breach of contract
As far as maintenance costs are concerned:
A) for low levels of maintenance commitment, breakdown maintenance costs exceed preventive maintenance costs. B) for low levels of maintenance commitment, preventive maintenance costs exceed breakdown maintenance costs. C) for high levels of maintenance commitment, breakdown maintenance costs exceed preventive maintenance costs. D) preventive maintenance is always more economical than breakdown maintenance. E) breakdown maintenance is always more economical than preventive maintenance when the "full cost of breakdowns" is taken into consideration.
According to Hunter and Boster, ______ highlights the way in which leaders must balance the cost of using a tactic against the goal they seek.
A. emotional–ethical threshold B. rational persuasion C. consultation D. radical–ethical threshold