Dynamic models have an embedded simulation clock and mimic the behavior of the system from a given start time to a given end time
a. True
b. False
A
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According to the Uniform Commercial Code (UCC), if goods are specially manufactured for the buyer and not suitable for sale to others in the normal course of the seller's business, and the seller has made a substantial beginning in manufacturing them or has entered into a binding agreement to acquire them for the buyer before learning that the buyer is denying the existence of a contract, the contract between the parties must be in writing in order to be enforceable.
Answer the following statement true (T) or false (F)
The faculty member on your study abroad trip to Costa Rica has traveled there many times and is quite knowledgeable about the country and places you visited. She gave you guidance about the country, local culture, and safety issues while you were interning with the local farmers. The faculty member was using ______.
A. referent power B. positional power C. coercive power D. expert power
Maryland Novelties Company produces and sells souvenir products. Monthly income statements for two activity levels are provided below: Unit volumes20,000 units 30,000 unitsRevenue $150,000 $225,000 Less cost of goods sold 60,000 90,000 Gross margin $90,000 $135,000 Less operating expenses Salaries and commissions 20,000 25,000 Advertising expenses 30,000 30,000 Administrative expenses 12,500 12,500 Total operating expenses 62,500 67,500 Net income $27,500 $67,500 Required: 1) Identify the mixed expense(s).2) Use the high-low method to separate the mixed costs into variable and fixed components.3) Prepare a contribution margin income statement at the
20,000-unit level. What will be an ideal response?
Jenna is looking for a method of training her employees that will allow them to learn at their own pace and will not disrupt the work environment. Jenna’s best choice of training method would be ______ training.
A. on-the-job B. classroom C. distance D. simulation