Controllable revenue is included in a performance report of a: Profit CenterInvestment CenterA.YesNoB.YesYesC.NoNoD.NoYes
A. Option A
B. Option B
C. Option C
D. Option D
Answer: B
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________ entails the placement of announcements and persuasive messages purchased by retailers and other organizations that seek to inform and/or persuade members of a particular target market or audience about their products, services, organizations, or ideas.
A. Market research B. Journalism C. Advertising D. Market overhang E. Coolhunting
Regarding actuarial assumptions, firms must disclose in notes to the financial statements all of the following except:
a. the discount rate used to compute the pension benefit obligation. b. the expected rate of return on pension investments. c. estimates of the number of retirees over the future 10 years. d. the rate of compensation increase.
Damaged and obsolete goods that can be sold:
A. Are included in inventory at their net realizable value. B. Should be disposed of immediately. C. Are included in inventory at their full cost. D. Are assigned a value of zero. E. Are never counted as inventory.
Madison works for a weed killer manufacturing company. The products have only been available in a concentrated liquid form, but now the firm is introducing a pre-mixed version that should be easier for consumers to use. Madison will most likely increase the frequency of sales calls because:
A. there is no competition within the sales territory. B. customers are less likely to buy products from the competition. C. the available supply is limited and costly. D. demand is low for his company's older products. E. his company has increased the number of product lines available.