In many cases, the price charged by a seller may have little or no relationship to actual costs

a. True
b. False
Indicate whether the statement is true or false


True

Business

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 October November December Budgeted S&A Expenses      Salary expenses10,000 10,500 11,000 Sales commissions, 5% of sales5,000 5,500 5,300 Insurance expenses2,000 2,000 2,000 Rent2,400 2,400 2,400 Depreciation on equipment1,500 1,500 1,500 Utilities1,100 1,300 1,500 Total operating expenses22,000 23,200 23,700 Schedule of Cash Payments for S&A Expenses      Salary Expenses? 10,500 ? 100% of prior month sales commissions5,100 ? ? Insurance Expense2,000 2,000 2,000 Rent? ? 2,400 100% of Prior months utilities expenses1,200 ? ? Total payments foe S&A expenses? ? ?  The amount of cash paid for S&A expenses during the month of November is:

A. $21,700 B. $21,000 C. $22,200 D. $23,200

Business

The primary advantage is that the ACS will provide data every two years instead of once every ten years

Indicate whether the statement is true or false

Business

Plain English is a term that describes basic language used by non-native speakers of English

Indicate whether the statement is true or false

Business

An important benefit of "flat" organizational structures is that ________

A) ?employees work fewer hours B) ?decision makers can react more quickly to market changes C) ?face-to-face meetings are unnecessary D) ?all operations can remain in the same country

Business