Controllable costs Study guides, Class notes & Summaries
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Test Bank For Entrepreneurship: The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. Neck ,Emma L. Murray
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Test Bank For Entrepreneurship: The Practice and 
Mindset 1st Edition by Heidi M. Neck Christopher P. 
Neck ,Emma L. Murray 
Chapter 1: Entrepreneurship: A Global Social MovementTest Bank 
Multiple Choice 
1. The authors define entrepreneurship as . 
a. a discipline that seeks to understand how opportunities are discovered, created, and 
exploited, by whom, and with what consequences 
b. starting a small business by finding investors and launching a product 
c. developing a new market by crea...
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MIE 201 Exam 4 (11,12,13) Makanui Questions And Answers Rated 100% Correct!!
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marketing - Answer-a group of activities designed to expedite transactions by creating, distributing, 
pricing, and promoting goods, services, and ideas 
exchange - Answer-the act of giving up one thing ($, credit, labor, goods) in return for something else 
(goods, services, or ideas) 
marketing activities - Answer-buying, selling, transporting, storing, grading, financing, marketing, 
research, risk-taking 
value - Answer-A customer's subjective assessment of benefits relative to costs in dete...
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MAC3701 Assignment 2 Semester 2 2023 (Answers)
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MAC3701 Assignment 2 Semester 2 2023 (Answers) 
 
QUESTION 1 (100 Marks) 
EnerFizzCo Drinks Ltd (“EnerFizzCo”), situated in Dersley in the Gauteng Province, is one of the leading 
energy drink and effervescent tablet manufacturers in the East rand operating in a fiercely competitive 
market. The company operates two divisions namely the Drink division (DrinkD) and the Tablet 
division (TabletD). EnerFizzCo’s head office makes all the long-term borrowings decisions and 
allocates corpor...
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MAC3701 Assignment 2 (DETAILED ANSWERS) Semester 2 2023 - DUE 11 September 2023
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MAC3701 Assignment 2 (DETAILED ANSWERS) Semester 2 2023 - DUE 11 September 2023 100% TRUSTED workings, explanations and solutions. For assistance call or Whatsapp us on +25477 954 0132 . 
QUESTION 1 (continued) 
REQUIRED 
For each question below, remember to: 
• Clearly show all your calculations in detail; 
• Where necessary, indicate irrelevant amounts/adjustments with an R0 (nil-value); 
• Round all your workings to two decimals, except where otherwise stated; and 
• Ignore all ...
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Revenue Management Final Exam | Latest 2023 with complete solution
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Revenue Management Final Exam | Latest 2023 with complete solution 
 
What is the industry term used to describe the sum of prices paid by a business's customers? - Total Revenues 
Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - Costs 
What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Profit = Sales - Costs 
What is the name for the net value achieved by both parties in a business transaction? - Profit 
What elem...
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Revenue Management Final Exam Question & Answers 2022
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what is the industry term used to describe the sum of prices paid by a business's customers? 
 
-daily receipts 
 
-profit 
 
-profits less expenses 
 
-total revenues 
-total revenues 
 
 
 
historically, what concept have hospitality managers chiefly used to calculate their selling prices? 
 
-income 
 
-revenue 
 
-costs 
 
-profits 
-costs 
 
 
 
what is an algebraic equivalent of the formula: sales=costs+profit? 
 
-profit=sales-costs 
 
-costs=sales+profits 
 
-costs=profit-sales 
 
-prof...
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Test Bank for Marketing, 20th Edition, William M. Pride, O. C. Ferrell
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Test Bank for Marketing, 20th Edition, William M. Pride, O. C. Ferrell 
 
 
True / False 
 
1. Marketing consists primarily of selling and advertising. 
 	a. 	True 
 	b. 	False 
ANSWER: 	False 
 
 
2. The broadest and simplest definition of marketing states that it is the development and efficient distribution of products for consumer segments. 
 	a. 	True 
 	b. 	False 
ANSWER: 	False 
 
 
3. Customers are the focal point of all marketing activities. 
 	a. 	True 
 	b. 	False 
ANSWER: 	Tru...
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WGU D196 Objective Assessment Prep (Latest 2024/ 2025 Update) Principles of Financial and Managerial Accounting- Questions and Verified Answers| 100% Correct| Grade A
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WGU D196 Objective Assessment Prep (Latest 2024/ 2025 Update) Principles of Financial and Managerial Accounting- Questions and Verified Answers| 100% Correct| Grade A 
 
Q: Which of the following is not an example of a cost driver? 
a. Miles driven 
b. Selling costs 
c. Machine hours 
d. Number of customers 
 
 
Answer: 
b 
 
 
 
Q: Which item is a period cost? 
Manufacturing supplies 
Overhead directly tied to the production facility 
Raw materials 
Marketing expense 
 
 
Answer: 
d 
 
 
 
Q: ...
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WGU D196 Exam Questions with Correct Answers
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WGU D196 Exam Questions with Correct Answers 
Which group represents the primary users of managerial accounting information? 
a. Bankers 
b. Public stockholders 
c. customers 
d. Managers - Answer-d 
 
Which type of business purchases finished goods for resale? 
a. Merchandising 
b. Non profit 
c. Manufacturing 
d. Service - Answer-a 
 
Which types of costs does a merchandiser have? 
a. Both product and period costs 
b. Merchandisers have both product and period costs 
c. Product costs only 
d. ...
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Hospitality Revenue Management final exam review Questions And Answers With Complete Solutions
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What is the industry term used to describe the sum of prices paid by a business's customers? - 
Answer-total revenues 
Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - 
Answer-costs 
What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Answer-profit=sales-costs 
What is the name for the net value achieved by both parties in a business transaction? - Answerprofit 
What element is not present in a barter economy? - Answer-...
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MAC3701 Assignment 2 Semester 1 2023
- Exam (elaborations) • 18 pages • 2022
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MAC3701 Assignment 2 Semester 1 2023 Answers, guidelines, workings and references .......................................... QUESTION 1 (100 Marks) 
BevSoft Drinks Ltd (“BevSoft”), situated near Springs in the Gauteng Province, is one of the leading energy drink and effervescent tablet manufacturers in the East rand operating in a fiercely competitive market. The company operates two divisions namely the Energy drink division (EDD) and the Effervescent tablet division (ETD). BevSoft’s h...
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