Which is not one of the three stages of the privacy issues related to consumer information?
a. How the information is collected
b. How the firm promotes the product
c. How the information is used
d. How the firm controls the information
b. How the firm promotes the product
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Identify the gatekeepers who function as intermediaries between a company's stockholders and its executives.
A. Auditors B. Board of directors C. Financial analysts D. Accountants
Gross margin pricing establishes selling prices at an amount that is a stipulated rate above variable production costs
Indicate whether the statement is true or false
The fixed overhead volume variance is calculated by taking the difference between:
A) actual fixed overhead and budgeted fixed overhead. B) budgeted fixed overhead and budgeted variable overhead. C) budgeted fixed overhead and applied fixed overhead. D) actual fixed overhead and applied fixed overhead.
Benjamin Company had the following results of operations for the past year: Sales (16,000 units at $10) $160,000 Direct materials and direct labor$96,000 Overhead (20% variable) 16,000 Selling and administrative expenses (all fixed) 32,000 (144,000) Operating income $16,000 A foreign company (whose sales will not affect Benjamin's market) offers to buy 4,000 units at $7.50 per unit. In addition to variable manufacturing costs, selling these units would increase fixed overhead by $600 and selling and administrative costs by $300. Assuming Benjamin has excess capacity and accepts the offer, its profits will:
A. Increase by $4,300. B. Decrease by $6,000. C. Increase by $30,000. D. Increase by $5,200. E. Increase by $6,000.