Which of the following line items would appear on the income statement of a company that uses the periodic inventory system, but not on that of a company that uses the perpetual inventory system?
A) Net Sales Revenue
B) Cost of Goods Sold
C) Cost of Goods Available for Sale
D) Operating Expenses
C) Cost of Goods Available for Sale
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Which of the following statements about call centers in the United States is true?
A. Call center functions have largely been returned to the U.S. from countries like India and Mexico. B. Call centers have replaced instant messaging as the technology of choice for resolving the complaints of younger customers. C. Call center functions have largely been brought back in-house from third-party companies that specialize in call center operations. D. There has been some shrinkage in the number and size of call centers due to the rise in self-service web or speech recognition technologies.
When formatting for mobile devices, which of the following should be included?
A) Complex graphics B) A variety of typefaces C) Multiple screens D) Minimal white space E) Simple formats
Which of the following is considered by accountants to be a separate entity from its owner(s)?
a. Partnership only b. Sole proprietorship only c. Corporation only d. Sole proprietorship, partnership, and corporation
The most pessimistic time for a task is 28 days. The most optimistic time for the same task is one fourth of the pessimistic time. Calculate the variance for the duration of the activity.
A. 8.75 B. 12.25 C. 14.85 D. 10.50