The ratio of actual output to design capacity is
A) efficiency.
B) throughput.
C) utilization.
D) productivity.
C) utilization.
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Where would you find the customers' customer in a typical supply chain?
A. In the middle B. Downstream C. Not on the supply chain D. Upstream
The higher the correlation between the cost and the cost driver, the more accurate will be the resulting understanding of cost behavior.
Answer the following statement true (T) or false (F)
3/10 net 45 EOM translates as ________
A) a 10 percent cash discount may be taken if paid in three days; if no cash discount is taken, the balance is due in 45 days B) a 3 percent cash discount may be taken if paid in 10 days; if no cash discount is taken, the balance is due 45 days after transaction is complete C) a 3 percent cash discount may be taken if paid in 10 days; if no cash discount is taken, the balance is due 45 days after the end of the month D) a 3 percent discount may be taken on 10 percent of the purchase if the account is paid within 45 days after the end of the month
Lake City Corporation owns all the stock in Columbia Corporation. Pursuant to a plan of complete liquidation, Columbia distributes land having a $500,000 FMV and a $200,000 basis to Lake City. Columbia's gain with respect to the distribution will be __________.
A) no gain recognized. B) $200,000. C) $300,000. D) $500,000.