Fixed overhead has no production-volume variance

Indicate whether this statement is true or false.

Answer: FALSE

Business

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A shopper profile should ideally contain _____

a. data developed from observational-based studies b. only demographic data c. only lifestyle data d. both demographic and lifestyle data

Business

Assume that you went to Las Vegas and hit the jackpot for $5 million. Further assume that you were offered a choice to receive the $5 million today, or receive it in two years. According to one of the principles of finance, which would you take?

A) the $5 million today because it would be worth more than if you would receive it in two years B) the $5 million in two years because it would be worth more than if you would receive it today C) You would be indifferent as to when you would receive the $5 million. D) the $5 million in two years because you would be afraid of spending it all right away

Business