The ______________________________ verifies the new system against the original specifications.

Fill in the blank(s) with the appropriate word(s).


system test

Business

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When a parent company pays less than book value for an investment in a subsidiary, the excess of book value over the cost of the investment should be used to lower the carrying value of the subsidiary's long-term assets (other than long-term marketable securities) in preparing the consolidated financial statements

Indicate whether the statement is true or false

Business

When marketers select criteria to help screen for new market opportunities, they should include quantitative components such as

A. what expertise the firm possesses. B. what is an acceptable return on investment (ROI). C. what resources the firm should build upon. D. what weaknesses need to be avoided. E. what kind of business the firm wants to be in.

Business

The use of coupons is a frequently used marketing tactic for which form of competition?

A. monopolistic competition B. cross-market competition C. a monopoly D. pure competition E. an oligopoly

Business

Worthington Sailboats Company manufactures 100 luxury yachts per month

Included in each yacht is a compact media center. Worthington Sailboats manufactures the media center in-house. The company is considering the possibility of outsourcing the production of the media centers in order to close down some of its facilities and reduce the administrative costs. At present, the variable cost per unit is $275, and fixed costs are $44,000 per month. Assume that if it outsources, fixed costs could be reduced by 60%. The production manager advised the company to contract with a foreign supplier who offered a contract cost of $410 per unit. If it outsources the media center, how would that affect operating income? A) Operating income would improve by $12,900. B) Operating income would improve by $26,400. C) Operating income would decline by $12,900. D) Operating income would remain the same.

Business