The Fair Debt Collection Practices Act defines all of the following practices as abusive, EXCEPT:

a. unfair means to collect a debt.
b. falsely representing that a lawsuit is about to be filed.
c. telephoning the debtor at 8:00 a.m.
d. using obscene language.


c

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Change initiatives may cause mixed feelings from change recipients based on the impact of all factors except:

a. Their relationship with others b. Their ability to do their job c. Their compensation and bonuses d. The fit with their needs and values

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When managers apply the process of "management by exception":

A) they take action when there is a significant variance between planned and actual results. B) they take action when there is a variance of any size or amount between planned and actual results. C) they are allowed to use standard costs rather than actual costs on financial statements issued to decision makers. D) they are not required to compute the standard cost of making a product.

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A company that uses the perpetual inventory system sold goods for $3,500 to a customer on account. The company had purchased the inventory for $900. Which of the following journal entries correctly records the cost of goods sold?

A) Cost of Goods Sold 900 Sales Revenue 900 B) Merchandise Inventory 900 Cost of Goods Sold 900 C) Cost of Goods Sold 900 Merchandise Inventory 900 D) Accounts Receivable 900 Sales Revenue 900

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An optimistic vacationer would opt for:

Final exams are almost here and once they are done, it will be time to reward myself with a well-deserved vacation. As a state employee, I haven't seen a raise since... well, ever. Thus an important criterion, in fact the most important criterion is to find an exotic region that can be visited inexpensively. There are three states of nature that could impact costs in these five areas of interest, and they correspond to the relative strength of the US Dollar against that region's dominant currency. Rather than squander my time doing any actual publishable research, instead I have determined the average cost per day to visit each region under each of the possible states of nature. This table, which should not be construed as actual vacation advice, appears below. Region Strong Dollar Middling Dollar Weak Dollar Eastern Europe 33 54 57 Southeast Asia 41 56 36 Australia 45 44 58 Galapagos Islands 37 35 26 Scandinavia 38 11 48 A) Scandinavia. B) Galapagos Islands. C) Australia. D) Eastern Europe.

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