The ________ account is credited to adjust for underallocated overhead costs

A) Cost of Goods Sold
B) Sales Revenue
C) Manufacturing Overhead
D) Finished Goods Inventory

C

Business

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Which of the following best describes sales promotion?

A) building good relations with a firm's various publics by obtaining positive publicity B) targeting individual consumers in an attempt to gain immediate responses C) using direct mail and e-mail to communicate with specific customers D) using a marketer's sales force to deliver personal presentations E) encouraging the purchase or sale of products through short-term incentives

Business

Which type of profit sharing plan provides payment to employees in cash or stock as soon as profits have been determined?

A) deferred plan B) current plan C) performance plan D) gainsharing plan

Business