In conducting a wage and salary survey for office personnel, the relevant labor market to be surveyed is most likely
A. regional.
B. local.
C. national.
D. international
Answer: B
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In terms of marketing expenditures, service companies tend to spend more on which of the following than manufacturers?
A) media advertising B) trade promotions C) consumer promotions D) direct marketing
Speed Zone Inc, dealers in automobiles, pays its employees a commission of 5 percent on each sale. What is the proper classification of the cost of sales commissions?
A) Scattered cost B) Variable cost C) Mixed cost D) Fixed cost
Discuss how conflict of ideas and personal conflict relate to the concepts of functional and dysfunctional conflict.
What will be an ideal response?
The LaGrange Corporation had the following budgeted sales for the first half of the current year: Cash Sales Credit SalesJanuary$70,000$340,000February$50,000$190,000March$40,000$135,000April$35,000$120,000May$45,000$160,000June$40,000$140,000The company is in the process of preparing a cash budget and must determine the expected cash collections by month. To this end, the following information has been assembled:Collections on sales:60% in month of sale30% in month following sale10% in second month following sale The accounts receivable balance on January 1 of the current year was $70,000, of which $50,000 represents uncollected December sales and $20,000 represents uncollected November sales.What is the budgeted accounts receivable balance on May 31?
A. $56,000 B. $132,000 C. $76,000 D. $64,000