Which of the following is considered a period cost under variable costing but not under absorption costing?

A) fixed selling and administrative costs
B) variable manufacturing costs
C) fixed manufacturing overhead
D) variable selling and administrative costs


C) fixed manufacturing overhead

Business

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What is the retailer's role in a supply chain?

What will be an ideal response?

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Working to reach an agreement that is mutually satisfactory to both buyer and seller is also called:

A) negotiation B) agreement C) practice theory D) tactics E) strategy

Business

If there are major failures of several large banks or many small banks, and the Federal Deposit Insurance Corporation (FDIC) insurance fund is insufficient to cover all of the depositors' losses, which of the following bodies is responsible for

paying the depositors money owed by the FDIC? A) the Federal Reserve System B) the boards of the failed banks C) the National Credit Union Administration D) the U.S. government

Business

There are five categories of distinctive marks. Which is NOT one of them?

a. fanciful marks b. arbitrary marks c. generic marks d. marks with secondary meaning

Business