Homework Answers
Solution. The correct answer to the first question is professional supplies.
Explanation: An organization operating in competitive business environment sets a general objective of attaining profit along with social responsibility. In running the production business activities, it seeks three types of supplies namely- options maintenance, repair and operating to ensure best use of supply chain management. The option which does not come under this is professional supplies which is the correct option for the given question.
The correct answer to the second question is goods are typically manufactured at the location where the customer makes the purchase.
Explanation: Unlike services, goods are tangible and mass produced, stored to sell at a future date in order to attain proper or maximum utilization of resources as resources are scarce and organizations operate in competitive global market in today's time to reach to the customers at the right time and right place and encompasses transfer of ownership. The correct option to the given question which does not fall as a characteristic is goods are typically manufactured at the location where the customer makes the purchase.
The correct answer to the third question is all these answers are correct.
Explanation: Among convenience, shopping and specialty products; specialty products encompasses market which are brand loyal, actively seeks and avails, can be expensive or not but higher than substitute products. Therefore, all options are true for the given question.
The correct answer to the fourth question is a need satisfying offering of a firm.
Explanation: An organization deciding to do business needs to offer a product either a good or a service in order to align and satisfy with the needs of a customer and can be tangible or intangible with adaptablity to changing environment. So it can be best described with option third.
The correct answer to the fifth question is includes those words, symbols, or marks that are legally registered for use by a single company.
Explanation: Option first holds false as it represents intellectual property of a company or any legal entity with identifiable words, symbols or marks. Option is protected by the Magnuson-Moss Act holds false as it protects Warranty Act.
Add Answer to:
Which of the following is NOT one of the types of supplies? Multiple Choice maintenance supplies...
Which of the following accounts would be closed? Multiple Choice Ο O Supplies Expense Ο Accounts...
Which of the following accounts would be closed? Multiple Choice Ο O Supplies Expense Ο Accounts Receivable Ο Supplies Ο Accumulated Depreciation
Which one of the following is a source of cash? Multiple Choice Ο Repurchase of common...
Which one of the following is a source of cash? Multiple Choice Ο Repurchase of common stock Ο Acquisition of debt Ο Purchase of inventory Ο Payment to a supplier Ο Granting credit to a customer Which one of the following is a source of cash? Multiple Choice Ο Increase in accounts receivable Ο Decrease in common stock Ο Increase in fixed assets Ο Decrease in accounts payable Ο Decrease in inventory
Multiple Choice Question 12 Accounts payable typically arise because cash is received from a customer that...
Multiple Choice Question 12 Accounts payable typically arise because cash is received from a customer that will be paid back in the future cash is received from customers prior to the rendering of services or delivery of products. the firm temporarily borrows cash for operations amounts are owed to others for goods, supplies, and services purchased on onen account
Which of these is the best description of a virus? Multiple Choice 0 a member of...
Which of these is the best description of a virus? Multiple Choice 0 a member of the kingdom Virusae 0 the smallest bacteria known 0 a noncellular living organism 0 chemical complexes of RNA or DNA protected by a protein shell Which of the following is a characteristic of all living things? Multiple Choice 0 All living things are made up of multiple cells. 0 All living things breathe. 0 All living things maintain a constant internal environment. 0 All...
Which of the following is NOT correct? Multiple Choice Other things being equal, the more frequent...
Which of the following is NOT correct? Multiple Choice Other things being equal, the more frequent the compouding period, the higher the APR. 0 The arguement that 900 dollars today worth more than 900 dollars one year from now is correct only when interest rate is positive. 0 Cash flows occuring in different periods should not be compared unless the flows have been discounted to a common date. 0 Other things being equal, the more frequent the compouding period, the...
Which of the following factors is a 'demand shifter for new houses? Multiple Choice O wages...
Which of the following factors is a 'demand shifter for new houses? Multiple Choice O wages for construction workers C) the interest rates on mortgage loans C) the price of new houses C) the price of lumber < Prev 27 of 50 ! Nery > In the past few years, the demand for donuts has greatly increased. This increase in demand might best be explained by Multiple Choice C ) consumers expecting donut prices to fall. C ) an increase...
Which of the following statements are true? Multiple Choice If the trial balance is in balance,...
Which of the following statements are true? Multiple Choice If the trial balance is in balance, it proves that no errors have been made in recording and posting transactions The trial balance is a book of original entry. The trial balance is another name for the balance sheet as long as debits balance with credits. Another name for trial balance is chart of accounts. The trial balance is a list of all accounts from the ledger with their balances at...
Which of the following is NOT a period cost? Multiple Choice 0 Cost of a seminar...
Which of the following is NOT a period cost?Multiple ChoiceCost of a seminar concerning tax law updates that was attended by the company's controller.Insurance on a company showroom where customers can view new products.Depreciation of factory maintenance equipment.Salary of a clerk who handles customer billing.For financial reporting purposes, the total amount of product costs incurred to make 5,000 units is closest to:Multiple Choice$ 70,750$ 10,000$ 65,750$ 55,750
1. Which of the following is NOT included in U.S. GDP? Multiple Choice toys produced by...
1. Which of the following is NOT included in U.S. GDP? Multiple Choice toys produced by a U.S. firm located in China beer brewed in Colorado and purchased by a German tourist a car made by a Japanese auto producer in Kansas Incorrect corn grown in Iowa and exported to Africa 2. Which of the following is an example of investment, as a component of GDP? Multiple Choice the purchase of a truck by a delivery company the purchase of...
When the direct write-off method is used: Multiple Choice 0 the estimated amount of bad debts...
When the direct write-off method is used: Multiple Choice 0 the estimated amount of bad debts is debited to Bad Debt Expense. 0 the estimated amount of bad debts is debited to Allowance for Doubtful Accounts the estimated amount of bad debts is debited to which account Accounts Receivable. 0 bad debts are not estimated 0 A company bought land and a building for $128,000. The building has a useful life of 20 years. Why should the company split the...
Which of the following accounts would be closed? Multiple Choice Ο O Supplies Expense Ο Accounts Receivable Ο Supplies Ο Accumulated Depreciation
Which one of the following is a source of cash? Multiple Choice Ο Repurchase of common stock Ο Acquisition of debt Ο Purchase of inventory Ο Payment to a supplier Ο Granting credit to a customer Which one of the following is a source of cash? Multiple Choice Ο Increase in accounts receivable Ο Decrease in common stock Ο Increase in fixed assets Ο Decrease in accounts payable Ο Decrease in inventory
Multiple Choice Question 12 Accounts payable typically arise because cash is received from a customer that will be paid back in the future cash is received from customers prior to the rendering of services or delivery of products. the firm temporarily borrows cash for operations amounts are owed to others for goods, supplies, and services purchased on onen account
Which of these is the best description of a virus? Multiple Choice 0 a member of the kingdom Virusae 0 the smallest bacteria known 0 a noncellular living organism 0 chemical complexes of RNA or DNA protected by a protein shell Which of the following is a characteristic of all living things? Multiple Choice 0 All living things are made up of multiple cells. 0 All living things breathe. 0 All living things maintain a constant internal environment. 0 All...
Which of the following is NOT correct? Multiple Choice Other things being equal, the more frequent the compouding period, the higher the APR. 0 The arguement that 900 dollars today worth more than 900 dollars one year from now is correct only when interest rate is positive. 0 Cash flows occuring in different periods should not be compared unless the flows have been discounted to a common date. 0 Other things being equal, the more frequent the compouding period, the...
Which of the following factors is a 'demand shifter for new houses? Multiple Choice O wages for construction workers C) the interest rates on mortgage loans C) the price of new houses C) the price of lumber < Prev 27 of 50 ! Nery > In the past few years, the demand for donuts has greatly increased. This increase in demand might best be explained by Multiple Choice C ) consumers expecting donut prices to fall. C ) an increase...
Which of the following statements are true? Multiple Choice If the trial balance is in balance, it proves that no errors have been made in recording and posting transactions The trial balance is a book of original entry. The trial balance is another name for the balance sheet as long as debits balance with credits. Another name for trial balance is chart of accounts. The trial balance is a list of all accounts from the ledger with their balances at...
When the direct write-off method is used: Multiple Choice 0 the estimated amount of bad debts is debited to Bad Debt Expense. 0 the estimated amount of bad debts is debited to Allowance for Doubtful Accounts the estimated amount of bad debts is debited to which account Accounts Receivable. 0 bad debts are not estimated 0 A company bought land and a building for $128,000. The building has a useful life of 20 years. Why should the company split the...
Most questions answered within 3 hours.
-
You have been married to your spouse for 10 years. You have two
small children (ages...
asked 1 hour ago -
Spiderman makes a leap from one building to
another. He starts on one building that is...
asked 1 hour ago -
A
symbol is something that stands for something else. What are the
symbols in education?what are...
asked 1 hour ago -
The charge to the left in the figure above has a
magnitude of 2.90 nC, and...
asked 2 hours ago -
Verify the MIRR is 9.29% given cash flows in years 1 and 2 of
$1,000 each,...
asked 3 hours ago -
Calculate the pH of a 5.7 M solution of aniline (C6H5NH2; Kb =
3.8 x 10^-10)
asked 5 hours ago -
LSL R3, R3, R12
Memory
Address
Orig.
Data
Updated
Data
Register
Orig.
Data
Updated
Data
0x84F0...
asked 5 hours ago -
Air at 100 kPa and density of 1.2 kg/m3 flows upward through a
5-cm diameter inclined...
asked 5 hours ago -
Define the following concepts in your own words: (a) stiffness,
(b) strength, (c) strain,
(d) ductility,...
asked 6 hours ago -
In C++
In this homework, you will be tasked with creating functions to
manipulate strings that...
asked 7 hours ago -
An isolated colony represents a pure culture. one rare occasions
, however , a colony can...
asked 7 hours ago -
*****DO NOT ANSWER THIS QUESTION IF YOU DON'T
KNOW*******Rights and Duties of Auditors; Minimum 4000
words...
asked 8 hours ago