For a pharmaceutical company, the most suitable base for allocating research and development costs to the finished products would be the ________
A) direct labor hours
B) cost of raw materials purchased
C) number of new patents filed
D) number of set ups
C
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Which of the following represents a reason why competitive advantages are typically temporary?
A. The competitor quickly seeks ways to duplicate your business operations. B. The competitor will purchase new technology. C. The competitor will hire away your key employees. D. All of these.
The purpose of interviewing experts is to help define the marketing research problem rather than to develop a conclusive solution
Indicate whether the statement is true or false
Horizontal analysis is analysis in which:
A) financial statement lines are expressed as a percent of the base (earliest) year. B) all items are presented as a percentage of one selected item on the financial statement. C) a statistic is calculated for the relationship between two items on a single financial statement or for two items on different financial statements. D) ratios are presented for the past two accounting periods.
The formula for a mixed cost is
A) total cost = variable rate x amount of output B) total cost = total fixed cost + (variable rate x amount of output) C) total cost = fixed rate x amount of output D) none of the answers are correct