The high-low method is a cost estimating approach that uses ________ to find the cost line.

A. personal intuition
B. only four data points
C. all available data points
D. only two data points


Answer: D

Business

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Which of the following is not a barrier to excellent customer service?

a. laziness. b. poor time management. c. insufficient authority. d. ability to handle stress.

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A marketer will likely need to reposition a product if

A. marketers see the product as very similar to other products in the market. B. marketers see the product as distinct from other products in the market. C. customers see the product as distinct from other products in the market. D. very few competitors offer similar products. E. customers see the product as very similar to other products in the market.

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Owen is a holder of a promissory note obtained from Purchase Money, Inc. Regarding the defenses against payment of the note to which Purchase Money is subject, Owen, as an ordinary holder, is subject to

A. more defenses. B. no defenses. C. some defenses, but not as many. D. the same defenses.

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Your great-aunt wants to help with your college graduation party. She has just placed $5,000 dollars in a bank account that will earn an annual rate of return of 6%. If you graduate in four years, how much will be in your party account?

A) $7,120.89 B) $6,142.96 C) $5,960.47 D) $6,312.38

Business