The ________ is the member of the buying center who controls the flow of information to other members
A) initiator
B) gatekeeper
C) decider
D) user
E) influencer
B
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The denominator used in the calculation of basic earnings per share is the:
A. number of common shares outstanding at the end of the year. B. weighted average number of common shares outstanding during the year. C. weighted average number of common shares and preferred shares outstanding during the year. D. number of preferred shares outstanding at the end of the year.
A corporation used $34,000 of direct materials. It incurred $74,000 in direct labor costs and $112,500 in manufacturing overhead costs during the period. What is the cost of goods manufactured if the beginning and ending Work-in-Process Inventories were $27,500 and $20,500, respectively?
A) $248,000 B) $227,500 C) $213,500 D) $220,500
According to generally accepted accounting principles, the proper accounting treatment of the cost of developing intangible assets is to
a. carry the cost as an asset indefinitely. b. amortize the cost over five years. c. amortize the cost over a reasonable life. d. write off the cost immediately.
________ is the amount remaining from manufacturing margin after all variable selling, general and administrative expenses have been deducted.
Fill in the blank(s) with the appropriate word(s).