Cost behavior is defined as the manner in which costs respond to changes in volume or activity
Indicate whether the statement is true or false
True
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Why might a business use a combination of direct, indirect, and mixed marketing channel systems?
A) to have total control over the quality of customer service B) to lower the risk of distributing products to end-users C) to attain maximum profits at minimum cost D) to reach different target markets cost effectively and to deliver the service level expected by target customers E) to comply with legal requirements that limit a business from having too much control over the distribution of products to consumers
Which of the following standards is a classification that requires superior environmental management?
a. ISO 9000 b. ISO 14000 c. OHSAS d. HSE
Corporate bylaws specify the relationship between the corporation and a state.?
Answer the following statement true (T) or false (F)
Richard exchanges a building with a basis of $35,000, and subject to a liability of $25,000, for land with a FMV of $50,000 owned by Bill. Bill takes the building subject to the liability. What is the amount of Richard's realized gain?
A. $0 B. $40,000 C. $15,000 D. $25,000