Expected future revenues that differ among the alternatives under consideration are often referred to as:
A. Relative revenues.
B. Differential revenues.
C. Preferential revenues.
D. Alternative revenues.
Answer: B
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Which of the following is an advantage of inside selling?
A) Inside selling is less expensive than in-person selling. B) Inside salespeople need to be in the office. C) Inside salespeople spend more time selling to major accounts. D) Inside salespeople focus on systems contracts. E) Outside reps free inside salespeople to convert new major prospects.
Ivan Men's Wear Company, a retailer, had cost of goods sold of $210,000 last year. The beginning inventory balance was $28,000 and the ending inventory balance was $20,000. The company's average inventory turnover in days was closest to:
A) 34.76 days B) 83.43 days C) 48.67 days D) 41.71 days
In Microsoft Access, an underlined attribute is a primary key and an italicized attribute is a foreign key
Indicate whether the statement is true or false
The Accounts Receivable account:
A. has a normal credit balance. B. is increased when a company receives cash from its customers. C. is increased by a debit. D. is a liability.