All of the following are explanations of cost changes. Which of these influences can be substantially affected by cost containment measures?
a. inflation/deflation
b. changes in quantities purchased
c. technological change
d. changes in supply chain costs
B
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In handling objections during the sales call, Brandon (the salesperson) normally answers the objection directly. This approach is called the:
A) compensation method B) "feel, felt, found" method C) head-on method D) indirect method
Under which of the following circumstances is it permissible for a company to make default in the repayment of monies due on bonds that it has issued?
A) When the company is unprofitable B) When the directors have been unable to declare a divided C) When an annual general meeting has not been held within the timeframe required by law. D) All of the above E) None of the above
When a firm places orders in lot sizes that are much larger than the lot sizes in which demand arises,
A) variability of orders is minimized up the supply chain. B) variability of orders is magnified up the supply chain. C) suppliers gain better visibility of consumer demand. D) suppliers gain a more stable demand pattern.
A company's ledger accounts and their end-of-period balances before closing entries are posted are shown below. What amount will be posted to Wilson Peters, Capital in the process of closing the Income Summary account? (Assume all accounts have normal balances.) Wilson Peters, Capital$5250?Wilson Peters, Withdrawals 7350?Revenue 21,000?Rent expense 2100?Salaries expense 5000?Insurance expense 235?Depr. Expense-equipment 320?Accum depr.-equipment 960?
A. $5995 credit. B. $5995 debit. C. $13,345 credit. D. $14,305 credit. E. $13,345 debit.