Which of the following is/are a business raw material?
A. cattle
B. wheat
C. logs
D. coal
E. All these answers are correct.
Answer: E
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The income calculation for a division manager's ROI should be based on:
A. profit margin controllable by the division manager. B. divisional contribution margin. C. divisional net income. D. divisional income before interest and taxes. E. profit margin traceable to the division.
Age the receivables and determine the estimated balance of the Allowance for Bad Debts account: Not yet due: $24,000, 1% uncollectible; 1-60 days past due: $6,000, 4% uncollectible; 61-180 days past due: $2,000, 25% uncollectible; Over 180 days past due: $400, 60% uncollectible
a. $24,000 b. $300 c. $1,120 d. 1,650 e. None of the above
A ________ income statement format shows detailed computations of net sales and other costs and expenses, and reports subtotals for various classes of items.
Fill in the blank(s) with the appropriate word(s).
Employee ownership unionism is intended to improve all of the following except:
A. Alignment between employer and employee interests B. Alignment between employer and government interests C. Employee representation on corporate boards of directors D. Employee interests such as job security