Operating income is:
a. net sales less cost of goods sold.
b. earnings before interest and tax.
c. earnings before tax and nonrecurring items.
d. gross profit less operating expenses.
e. net income plus interest.
D
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Focal points in a center aisle location in a retail setting are referred to as?
a. Macro-merchandising b. Micro-merchandising c. Meta-merchandising d. Mega-merchandising
Atlace Manufacturing uses a standard cost system
Standards for direct materials are as follows: Direct materials (pounds per unit of output) 3 Cost per pound of direct materials $4 The company plans to produce 3,000 units and has purchased 12,000 pounds of direct materials at a net cost of $43,200. What is the journal entry to record this transaction? A) Raw Materials Inventory (12,000 pounds x $4/pound) 48,000 Direct Materials Cost Variance 4,800 Accounts Payable (12,000 pounds x $3.60/pound) 43,200 B) Raw Materials Inventory (12,000 pounds x $4/pound) 48,000 Direct Materials Cost Variance 4,800 Accounts Payable (12,000 pounds x $3.60/pound) 43,200 C) Raw Materials Inventory (12,000 pounds x $3.60/pound) 43,200 Direct Materials Cost Variance 4,800 Accounts Payable (12,000 pounds x $4/pound) 48,000 D) Raw Materials Inventory (12,000 pounds x $3.60/pound) 43,200 Direct Materials Cost Variance 4,800 Accounts Payable (12,000 pounds x $4/pound) 48,000
Fiscal strategies are closely tied to political philosophy.
Answer the following statement true (T) or false (F)
E-commerce can be defined as:
A) the use of the Internet, the Web, and mobile apps to transact business. B) the use of any Internet technologies in a firm's daily activities. C) the digital enablement of transactions and processes within an organization. D) any digitally enabled transactions among individuals and organizations.