Which of the following is a common reason why wholesalers change the trade discount to raise and lower the prices they charge retailers?

A) to remain competitive with other wholesalers
B) to save the cost of reprinting their catalog when list prices change
C) to offer a single discount equivalent
D) none of the above


B

Business

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Which is not an example of a warranty?

A. Puffery. B. Express. C. Fitness for a particular purpose. D. Merchantability.

Business

At the beginning of the month, the Forming Department of Martin Manufacturing had 10,000 units in inventory, 30% complete as to materials, and 10% complete as to conversion. During the month the department started 60,000 units and transferred 62,000 units to the next manufacturing department. At the end of the month, the department had 8,000 units in inventory, 80% complete as to materials and 60% complete as to conversion. If Martin Manufacturing uses the weighted average method of process costing, compute the equivalent units for materials and conversion respectively for the Forming Department.

A. 65,400 materials; 66,800 conversion. B. 68,400 materials; 66,800 conversion. C. 58,400 materials; 56,800 conversion. D. 65,400 materials; 65,800 conversion. E. 59,000 materials; 61,000 conversion.

Business

_____, those without which the business cannot conduct its operations, are given the highest priority by the disaster recovery coordinator.

A. Backup applications B. Customer applications C. Mission-critical applications D. Recovery applications

Business

Low Machs are particularly good in jobs that require bargaining skills or that involve substantial rewards for winning.

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

Business