Cost-volume-profit analysis cannot be used if which of the following occurs?
A) Costs cannot be properly classified into fixed and variable costs
B) The total fixed costs change
C) The per unit variable costs change
D) Per unit sales prices change
A
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Field warehousing can be an important source of:
A) short-term financing with low risk to the lender B) cash management for those who factor receivables C) investing for those who follow the "relaxed cash strategy" D) additional storage space for cash-strapped firms
Which of the following statements is true regarding the apparent authority of a partner to bind the partnership in dealings with third parties? Under the RUPA, the apparent authority
A. Must be derived from the express powers and purposes contained in the partnership agreement. B. Will be effectively limited by a formal resolution of the partners of which third parties are unaware. C. May allow a partner to bind the partnership to representations made in connection with the sale of goods. D. Would permit a partner to submit a claim against the partnership to arbitration.