A ________ is a retail firm owned by its customers. Members contribute money to open their

own store, vote on its policies, elect a group to manage it, and receive dividends.

A) retailer cooperative
B) voluntary chain
C) consumer cooperative
D) merchandising conglomerate
E) franchise organization


C

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Under process costing, the total production costs incurred in each process must be split between the units that have been completed in that process and transferred to the next process and the ________.

A) Finished Goods Inventory if it is the first process B) units not completed and remaining in Work-in-Process Inventory for that department C) Cost of Goods Sold when the units are sold D) Work-in-Process Inventory of the previous department when there are no sales

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A 2016 Gallup poll showed that how many employees believe in their company’s stated values?

a. 11 percent b. 27 percent c. 42 percent d. 68 percent

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The key goal of job control unionism is to:

A. Replace management decision-making with worker control B. Increase the union's role in subjective decision-making C. Remove management subjectivity from decision-making D. Replace detailed work rules with more flexible decision making processes

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Alan has been involved in three accidents and has been ticketed for a number of driving violations. He tried to purchase auto insurance, but three insurers refused to sell him coverage

The generic name for state plans designed to insure drivers like Alan is the A) exchange market. B) residual market. C) voluntary market. D) excess market.

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