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erastovalidia [21]
3 years ago
7

Freddy is purchasing a new car, and he has decided that gas mileage, price, reliability, and styling are important to him. These

attributes represent Freddy's _____.
a) Evoked set
b) Evoked criteria
c) Consideration criteria
d) Evaluative criteria
e) Evaluative set
Business
1 answer:
Burka [1]3 years ago
5 0

Answer:

Answer is option d, i.e. evaluative criteria.

Explanation:

In marketing when the customer takes a decision about buying a new product, he/she has some predetermined standards or benchmarks that he/she has established to make the correct decision in his/her buying process. Here, Freddy is purchasing a new car, and he has set standards like gas mileage, price, reliability, and styling. These standards or attributes are known as Evaluative criteria.

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The following terms relate to the fundamental qualities of useful information. Match the key letter of the correct term with the
Bumek [7]

Answer:

1. Providing information that is not biased toward one position or another.

  • c. Neutral

As an accountant, you cannot prepare, record or select information in order to favor someone's personal interests.

2. Providing information before it loses its capacity to influence decisions.

  • d. Timely

Information must be available when it can influence future decisions. E.g. having a 2010 cost report today is useless if you are preparing next year's  budget.

3. Providing information that is proven to be free from error.

  • b. Faithful representation

Faithful representation means that information must be accurate, complete, neutral, and free from errors.

4. Providing information that would make a difference in a business decision.

  • g. Relevant

Relevant information should be material and be either predictive or confirmatory.

5. Provide information that accurately depicts what really happened.

  • b. Faithful representation

Faithful representation means that information must be accurate, complete, neutral, and free from errors.

6. Providing information that confirms or corrects prior decisions.

  • a. Confirmatory value

It can be used to check, confirm or correct prior reports or evaluations.

7 0
3 years ago
g Oregon Corp. prepares its financial statements annually and has a calendar year end. The adjusted trial balance ( NO MORE ADJU
Semmy [17]

Answer:

$1,700,000

Explanation:

The computation of the NET accounts receivable (the cash realizable value) at December 31, 2019 is shown below:

= Account receivable - allowance for doubtful debts

= $2,000,000 - $300,000

= $1,700,000

By deducting the allowance for doubtful debts from the account receivable we can get the net account receivable or the cash realizable value

Therefore we ignored the bad debt expense

5 0
3 years ago
The market for apples is in equilibrium at a price of $0.50 per pound. If the government imposes a price ceiling in the market a
Anton [14]

Answer:

c. there will be a shortage of the good.

Explanation:

The market for apples is in equilibrium at a price of $0.50 per pound. If the government imposes a price ceiling in the market at a price of $0.40 per pound: c. there will be a shortage of the good.

The correct answer is - c. there will be a shortage of the good.

Reason -

At the equilibrium price, the demand = supply

If the price is increased by the equilibrium price then, there are more customers(i.e. quantity demanded is increase ) and there is shortage of goods (i.e quantity supplied will decrease)

So, the correct option is - c. there will be a shortage of the good.

3 0
3 years ago
Northwest Catering owns and operates several restaurant services in Oregon, Washington, and Idaho. One restaurant chain has expe
Tcecarenko [31]

Answer:

1.3 million  Impaired asset is the determined amount

Explanation:

Asset impaired as the estimated fair value cash flows is lower than book value

Impairment loss = Fair value - Book value  

= 3.0 million - 4.3 million

= 1.3 million Impaired asset

An impaired asset is an asset that has a market value less than the value which was disclosed on the organisation balance sheet. When an asset is said to be impaired, it will need to be written down on the company's balance sheet to its current market value.

7 0
3 years ago
The Gabbana Company’s maintenance costs are a mixed cost. At the low level of activity (40 direct labor hours), maintenance cost
gayaneshka [121]

Answer:

The variable maintenance cost per unit would be $8.33 and the total fixed maintenance cost would be $267

Explanation:

The computation of the fixed cost and the variable cost per hour by using high low method is shown below:

Variable maintenance cost per unit = (High maintenance cost - low maintenance cost) ÷ (High level of activity - low level of activity)

= ($1,100 - $600) ÷ (100 direct hours - 40 direct hours)

= $500 ÷ 60 direct hours

= $8.33

Now the fixed cost equal to

= High maintenance cost - (High level of activity × Variable maintenance cost per unit )

= $1,100 - (100 direct hours × $8.33)

= $1,100 - $833.33

= $267

5 0
3 years ago
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