When preparing the cash budget, all of the following should be considered except:
A. Cash receipts from customers.
B. Cash payments for capital expenditures.
C. Cash payments for income taxes.
D. Depreciation expense.
E. Cash payments for merchandise.
Answer: D
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The function of sunlight in photosynthesis is to
A. split water releasing oxygen. B. fix O2 in the Calvin cycle. C. combine carbon dioxide and water to form ATP and NADPH. D. excite electrons in chlorophyll. E. reduce NADPH to NADP.
Sterling Vision Corporation manufactures various glass products including a car window. The setup cost to produce the car window is $1,200 . The cost to carry a window in inventory is $3 per year. Annual demand for the car window is 12,000 units.Refer to Sterling Vision Corporation. If the annual demand for the car window was to increase to 15,000 units,
a. the number of setups would decrease. b. the total carrying costs would increase. c. the economic order quantity would decline. d. all of the above would occur.
Which of the following is a disadvantage of flexible pricing?
A. It can cause discontent among customers who realize they have paid a higher price than others. B. It allows a salesperson to adjust the price depending on his or her customer. C. It results in broadcasting a price that the competition can undercut. D. It allows a salesperson to adjust the price in response to competition. E. It leaves opportunities for sales by not adjusting to customers.
The state of Wyoming has just passed a law requiring all cars entering the state to be equipped with side air bags. The Wyoming requirement: A) is constitutional because it does not apply to commerce
B) is unconstitutional. C) is constitutional so long as Wyoming residents are subject to the same rule. D) is constitutional if side airbags are technologically feasible.