Which of the following should have the strongest cause and effect relationship with overhead costs?
A. Value-added costs.
B. Cost followers.
C. Cost drivers.
D. Units of output.
E. Non-value-added costs.
Answer: C
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In financial accounting, which of the following assets is not considered to be an intangible asset?
a. Goodwill b. Patents c. Copyrights d. Trademarks e. Accounts receivable
Omar sends Nell an e-mail ad touting software that will cloak its user in "the anonymity of the Internet." Nell pays Omar for the software, which is never delivered to her. This is online
A. auction fraud. B. puffery. C. retail fraud. D. frustration but not fraud.
Describe why the development of a risk management plan is viewed as critical.
What will be an ideal response?
You are manager of a clothing manufacturing firm that has operations in different countries. Your Indonesian manufacturing facility is dedicated solely to producing elementary school uniforms for the U.S. market. Most of your product output is sold to a larger school uniform company in the U.S. called School Uniforms, Inc. School Uniforms, Inc. has major contracts with school districts like the Los Angeles Unified School District. In this scenario, the Los Angeles Unified School District is part of which of the following business markets?
A. Reseller market B. Government market C. Institutional market D. Distributor market E. Wholesaler market