When an internal service fund (ISF) enters into a capital lease the transaction is recorded in the: I. fixed assets of the ISF. II. long-term debt of the ISF.
A. Neither I nor II
B. I only
C. Both I and II
D. II only
Answer: C
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If a company sells products in export markets at prices that are below fair market value and that can harm producers in the export market that company may be accused of:
A) market skimming. B) using offsets. C) pursuing artificially high margins. D) dumping. E) gray marketing.
If a company produces three products and production capacity is unlimited, If it can sell only 3,000 of each product, the company should produce the product that has the highest
a. contribution per hour of machine time. b. sales price per unit. c. contribution per unit. d. gross margin per unit.
One of the advantages of utilitarianism is that it is easy to apply in most real-life situations
Indicate whether the statement is true or false
Why is it important for company managers to develop a worry list of strategic issues and problems that they need to address and resolve? What should they consider to develop this list?
What will be an ideal response?