A company that provides services (not goods) to its customers may incur costs that are appropriately classified as product-level costs.

Answer the following statement true (T) or false (F)


True

Business

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Which of the following is an example of a contra account?

a. Merchandise Inventory b. Accounts Payable c. Cost of Goods Sold d. Accumulated Depreciation e. Deferred income taxes payable

Business

The US Supreme Court rules that the use of affirmative action is unconstitutional in situations where:

a. The process to make decisions either uses quotas or has the appearance of using quotas b. The process to make decisions uses an individualized and holistic view of applicants c. The affirmative action programs are used to benefit the majority group vs the disadvantaged group d. There is pending congressional legislation that addresses the same matter

Business

Most workplaces rely upon just one channel, such as a videoconference, to collaborate with people

Indicate whether this statement is true or false.

Business

Which one of the following is a helpful technique in reducing mental and emotional stress among employees?

A. Job rotation B. Vertical loading C. Quality circles D. E-mail

Business