Environmentally conscious members within a company organize weekly meetings to discuss how their company can use fewer Styrofoam cups and less paper. The members constitute a(n) ________ group.

A. interest
B. friendship
C. command
D. formal
E. virtual


Answer: A

Business

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If cost of goods sold under FIFO was $8,000 and was $10,000 under LIFO, assuming a tax rate of 40%, how much tax savings resulted from using LIFO?

a. $ 1,200 b. $ 800 c. $ 2,000 d. There would be no tax savings.

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Discuss the basic forms used in a job-order costing system

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Up to six generations of a family are considered as one shareholder for purposes of the 100-shareholder limit.

Answer the following statement true (T) or false (F)

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Why are many retailers creating and promoting their own captive brands?

a. Captive brands carry evidence of a store's affiliation and are available everywhere. b. Captive brands help to increase a company's presence in markets where it has little room to differentiate itself. c. Captive brands allow retailers to ask a price similar or equal to manufacturers' brands. d. Captive brands allow retailers to gain greater profits by marketing cheaper products under a brand name owned by them.

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