Suppose that the frozen foods division of Amy's purchases food trays and boxes from the packaging division. The form of pricing used to charge the frozen foods division is called

A. geographic pricing.
B. base-point pricing.
C. business-unit pricing.
D. transfer pricing.
E. price discrimination.


Answer: D

Business

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Fizzzle Inc sold a piece of equipment during the period for $230,000 and recorded a gain of $45,000 on the sale. How should this gain be treated when preparing the operating activities section of the statement of cash flows using the indirect method?

a. A sale of equipment is an investing activity; the transaction will not affect the operating activities section. b. The gain is added back to net income in the operating activities section. c. The gain is subtracted from net income in the operating activities section. d. The entire sales price is subtracted from net income in the operating activities section.

Business

A survey question asking people whether they "strongly agree," "agree," "disagree" or "strongly disagree" is measuring which of the following two dimensions of public opinion?

A. Informational and social support D. Direction and stability B. Direction and intensity E. Direction and social support C. Intensity and stability

Business

The company with the lowest variable cost is:

A) A. B) B. C) C. D) D.

Business

The moral standards expected by a society are referred to as social principles.

Answer the following statement true (T) or false (F)

Business