Computer City advertises that is has Dall Laptop Computers Model S600 regularly $800 on sale for $75
Jenna sees the ad and goes to Computer City as soon as the store opens only to be told they only had 2 Dall S600s in stock but told her that the Dall S700 was in stock and it was regularly $850 on sale for $400. As a result Computer City
A) has done nothing wrong as it had 2 Dall 600s for customers
B) is liable for price maintenance
C) bait and switch
D) predatory pricing
E) abuse of dominant position
C
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All of the following are tips from Peter Drucker for improving leadership except which
A. Change leadership styles according to the situation. B. Develop action plans that specify desired results. C. Listen first, speak last. D. Take responsibility for decisions. E. Focus on opportunities rather than problems.
The purpose of capacity control is to ______.
A. achieve as balanced a workload as possible among the various work centers B. ensure there is no shortage or surplus of inventory C. ensure there is no stock-out or excess of finished goods D. ensure excess capacity is productively used and not wasted
On a statement of cash flows prepared using the direct method, if Income Taxes Payable decreased during the accounting period, cash payments for taxes will be less than the expense shown on the income statement
Indicate whether the statement is true or false
Bart’s company has developed a draft code for the entire accounting firm. Now having reached the step of “code alignment,” they should ______.
a. compare their code to the missions and goals of each department b. put the code up to a vote by management c. make sure each employee’s values is aligned with the code d. compare the code to that of the larger accounting profession