Radio frequency identification (RFID) tags automatically transmit information about a container's contents or individual products.

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


True

Radio frequency identification (RFID) tags are tiny computer chips that automatically transmit to a special scanner all the information about a container's contents or individual products. Approximately as large as a pinhead, these RFID tags consist of an antenna and a chip that contains an electronic product code that stores far more information about a product than bar (UPC) codes can. The tags also act as passive tracking devices, signaling their presence over a radio frequency when they pass within a few yards of a special scanner.

Business

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In the standard cost formula Y = a + bX, what does the "Y" represent?

A. total variable cost B. variable cost per unit C. total fixed cost D. total cost

Business

On December 1, 20X8, Hedge Company entered into a 60-day speculative forward contract to sell 200,000 British pounds (£) at a forward rate of £1 = $1.78. On the same day it purchased a 60-day speculative forward contract to buy 100,000 euros (€) at a forward rate of €1 = $1.42.The rates are as follows:    Forward Rate for   Forward Rate forDateSpot Rate Feb 1 Spot Rate Feb 1December 1, 20X8£1=$1.76  $1.78  €1=$1.40  $1.42 December 31, 20X8£1= 1.73   1.74  €1= 1.38   1.40 February 1, 20X9£1= 1.75      €1= 1.41     Hedge had no other speculation transactions in 20X8 and 20X9. Ignore taxes.Based on the preceding information, what is the net gain or loss on the euro speculative contract?

A. $6,000 gain B. $3,000 loss C. $8,000 gain D. $1,000 loss

Business

Temporary profits that result when absorption costing is used and production exceeds sales are referred to as _________________________

Fill in the blank(s) with correct word

Business

Management sends Victor to a workshop about coaching employees to success. At the workshop, Victor learns that the first step in the coaching process is to:

A) appeal to the salesperson's emotions by sharing personal experiences B) allow the salesperson to suggest ideas for improving performance C) enable a salesperson to admit that a performance problem exists D) create and implement a new presentation style for the salesperson E) observe and assess employee performance during actual sales calls

Business