_____ refers to fairness regarding the disbursement of resources

When using the periodic inventory system, which of the following generally would not be separately accounted for in the computation of cost of goods sold?

a. Trade discounts applicable to purchases during the period b. Cash (purchase) discounts taken during the period c. Purchase returns and allowances of merchandise during the period d. Cost of transportation-in for merchandise purchased during the period

Which of the following is the best example of the use of demographic segmentation?

A) Wonderla, a chain of amusement theme parks, targets families with children. B) Waveforms markets its surfboards to cities in coastal regions. C) Orchard Fresh sells its fruit-based ice -creams only in summer. D) Iron Horse designs custom motorcycle accessories for bikers.