In e-business terminology, ________ companies are sometimes called "pure play companies."
A) bricks-and-clicks
B) click-and-mortar
C) brick-and-mortar
D) click-and-flip
E) click-only
E
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Maroon, Inc. uses a standard cost system. On December 31, the last day of the accounting period, the account balances include the following
What is the standard net operating income of the company for the year ended December 31? A) $8,780 B) $6,290 C) $8,470 D) $7,530
Which of the following is true for activity-based costing (ABC)?
A) ABC considers the real costs associated with each product. B) With ABC, the company can estimate all costs coming from the customer, less revenue. C) The tools of ABC can be used to conduct customer profitability analysis. D) It identifies the costs of products and services based on the revenue they generate. E) ABC allocates indirect costs in proportion to direct costs.