Answer the following statements true (T) or false (F)
The SEC has allowed accounting policy-making power to remain in the private sector.
ANSWER: T
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Using the cost-plus pricing approach, what should be the sales price per unit? (Round your answer to the nearest cent.)
Titan Metalworks produces a special kind of metal ingots that are unique, which allows Titan to follow a cost-plus pricing strategy. Titan has $10,000,000 of assets and shareholders expect approximately a 8% return on assets. Assume all products produced are sold. Additional data are as follows:
A) $15.00
B) $19.00
C) $21.00
D) $2.00
Jack Gangi sells ad space for companies that wish to advertise on buses. As he is selling ad space to a local art gallery owner, he closes by saying, "Since you know so much more about color and design than I do, I can learn a lot working with you developing this ad." This is an example of a(n) ________ close.
A. minor-points B. standing-room-only C. alternative-choice D. summary-of-benefits E. compliment
In a sample of work teams in more than 100 companies, researchers found _____ to be used most frequently.
a. democratic b. consultative c. consensus d. normative
Sparkle, Inc, a beverage company, uses a distinctly-shaped bottle to sell its beverages. Customers identify its beverages by the shape of its bottle. One of its competitors designs a similarly-shaped bottle for its product
Which of the following types of intellectual property infringement has Sparkle, Inc's competitor committed? A) trademark B) trade dress C) patent D) trade secret