The cost of activities that are incurred to correct defective products before they are shipped are:

a. prevention costs.
b. appraisal costs.
c. internal failure costs.
d. external failure costs.


c

Business

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Where can the amounts needed to compute the accounts receivable turnover ratio be found?

a. The income statement b. The balance sheet c. The statement of cash flows d. Both (a) and (b).

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A manufacturing company typically has how many inventory accounts?

A) 1 B) 2 C) 3 D) 4

Business

Silverlight Inc., a cell phone store, agrees to sell cell phones and related accessories manufactured only by Moore Corp. This is an example of a(n) ________.

A. requirements contract B. adhesion contract C. tie-in contract D. exclusive dealing contract

Business

With respect to maximizing the benefits of learner control, programs should allow trainees to control the amount of feedback they receive.

Answer the following statement true (T) or false (F)

Business