Consumers engage in limited search for items like midrange fashion apparel, home furnishings, and appliances. These are examples of ________ goods, which are candidates for selection distribution.
A. durable
B. convenience
C. shopping
D. technology
E. impulse
Answer: C
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The amount of expired factory equipment insurance is adjusted by
a. debiting Factory Overhead and crediting Prepaid Insurance. b. debiting Equipment Insurance Expense and crediting Factory Overhead. c. debiting Prepaid Insurance and crediting Equipment Insurance Expense. d. debiting Prepaid Insurance and crediting Accounts Payable.
________ are worded in a way that allows the promisor to decide whether or not to perform the promise.
A. Novations B. Modifications C. Compositor promises D. Illusory promises
The term queue discipline refers to ______.
a. the pattern of guest arrivals b. the average time taken to serve guests c. how the arriving guests are served d. how guests behave themselves while standing in line
Which of the following is not a characteristic of a job order costing system?
a. Uses only one Work in Process Inventory account b. Uses job cost cards to keep track of each job in process c. Assigns costs to specific batches of products d. Measures costs for a set time period