Revenue tariffs are primarily designed to discourage the importation of foreign products

Indicate whether the statement is true or false.


Answer: FALSE
Explanation: Revenue tariffs are primarily designed to raise money for governments.

Business

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Do-not-call legislation has made telemarketing an ineffective form of direct marketing, especially for nonprofit groups

Indicate whether the statement is true or false

Business

______ is the degree to which both businesses and customers believe that the pricing is reasonable.

a. lowest cost pricing b. loss-leader pricing c. customer-led pricing d. fair pricing

Business

If we assume that a company will be in business forever and that it continues to pay dividends during its existence, then we have an annuity dividend stream

Indicate whether the statement is true or false.

Business

All of the following costs are inventoried under absorption costing except:

A. direct materials. B. direct labor. C. fixed manufacturing overhead. D. fixed administrative salaries. E. variable manufacturing overhead.

Business