Which of the following is not a method of allocating a joint cost?

a. Net relative sales value at split-off.
b. Sales value at the split-off point.
c. Average unit cost.
d. Physical measures (such as weight).

c

Business

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An employer/principal is liable for the torts of an employee/agent committed while the employee/agent is

a. within the scope of employment. b. paid an hourly wage. c. a deep pocket employee. d. on his or her way to work.

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A seven-step approach to supplier development might include identifying critical suppliers not meeting performance requirements

a. True b. False Indicate whether the statement is true or false

Business