Which of the following occurs when retailers of products must compete on price and currency of inventory directly against the manufacturer?
A. disintermediation
B. localization
C. channel conflict
D. hypermediation
Answer: C
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Under the direct method, depreciation expense is treated as an outflow in the Investing Activities section of the statement of cash flows
a. True b. False Indicate whether the statement is true or false
The most accurate method for allocating service department costs is the
a. step method. b. direct method. c. algebraic method. d. none of the above.
Most securities can be resold without registration
Indicate whether the statement is true or false
Increased depreciation expenses affect tax-related cash flows by
A) increasing taxable income, thus increasing taxes. B) decreasing taxable income, with no effect on cash flow since depreciation is a non-cash expense. C) pushing a corporation into a higher tax bracket. D) decreasing taxable income, thus reducing taxes.