All of the following are prohibited under the antitrust laws EXCEPT
A) Competing property management companies' agreeing to standardized management fees
B) Competing brokers' allocating markets based on the value of homes
C) Real estate companies' agreeing NOT to cooperate with a broker because of the fees that broker charges
D) A broker's setting a company commission schedule
Answer: D) A broker's setting a company commission schedule
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How is general ledger updating accomplished by the various accounting subsystems?
A) Individual journal entries for each accounting subsystem transaction update the general ledger every 24 hours. B) Summary journal entries that represent the results of all transactions for a certain time period are used to update the general ledger. C) The controller or treasurer must approve accounting subsystem journal entries before any updating may occur. D) Nonroutine transactions are entered into the system by the treasurer's office.
Mini-Case Question. Determine the margin per unit if the company needs to sell 40 million units in order to break even
A) $10 per unit B) $8 per unit C) $4 per unit D) $2 per unit E) $1 per unit