Which of the following sources would NOT be considered during an external information search?
A. opinion of a family member
B. information from the company website
C. reviews from Amazon
D. a trial of the product
E. your past experience with the brand
Answer: E
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Vake purchased supplies at a cost of $18,000 during 2016 . At January 1, 2016, the beginning balance in the supplies account was $1,000 . For 2016, supplies expense was $16,000 . How much "Supplies" are on hand as of December 31, 2016?
a. $ 1,000 b. $ 3,000 c. $16,000 d. $17,000
Adverse risk selection occurs when
A) those with higher then average risk enter the risk pool. B) insurance companies terminate insurance for individuals with higher than average risk. C) the size of the risk pool decreases. D) speculative risk increases.
The waterfall model has been widely criticized for its inflexible approach to an undertaking that is extremely ________
A) iterative B) expensive C) difficult to learn D) none of the above
Recht Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $9.30 per machine-hour and fixed manufacturing overhead cost of $17,940 per period. If the denominator level of activity is 1,200 machine-hours, the fixed element in the predetermined overhead rate would be:
A. $9.30 B. $930.00 C. $24.25 D. $14.95