The costs of direct materials are classified as: Conversion costManufacturing costPrime costA)YesYesYesB)NoNoNoC)YesYesNoD)NoYesYes

A. Choice A
B. Choice B
C. Choice C
D. Choice D


Answer: D

Business

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The majority of inter-firm trade involves:

A. spot purchasing of direct goods. B. contract purchasing of indirect goods. C. contract purchasing of direct goods. D. spot purchasing of indirect goods.

Business

James Parker, as former CEO of Southwest Airlines, didn’t always hire the “best” people; instead, he hired

a. the right candidates—leaders whose personalities and attitudes make them a good fit for Southwest Airlines’ fun, team-based culture b. average people, yet he made these average people stars by treating them right c. people rejected by the other airlines (who could afford to pay higher salaries), yet by good training he was able to bring these below average performers up to par d. his friends and the friends of the people who already worked at Southwest, thus creating a friendly atmosphere

Business

Lyla is developing her pitch deck slides. She should include which of the following in her title slide?

a. the name of the company, logo, and Lyla’s name and contact information b. Lyla’s name, the name of the company, and the company description and purpose c. the name of the company, the company logo, Lyla’s name and contact information, and the problem your company is addressing d. title slides are unnecessary

Business

Low-dividend stocks are preferred by clients who prefer to delay taxes

Indicate whether the statement is true or false.

Business