If you offer volume discounts, it will encourage customers to buy more than that would have otherwise. For example, if each pair of socks is $5 but you offer a volume discount where customers can get 10 pairs for $30 you are encouraging them to spend more than they normally would.
Answer:
The correct answer is d. management science.
Explanation:
The administration and management sciences, should not be confused with administration and management practices, constitute an autonomous body of knowledge that aims to clarify the collective behavioral actions of organized human groups, which result in the creation of companies, associations, administrations, etc. The administration and management sciences are action and decision sciences, which are supported and articulated in numerous disciplines of the exact sciences and human sciences.
The administration and management sciences group disciplines such as finance, human resources, marketing, accounting, information systems, logistics, entrepreneurship, organizational theory, business strategy, marketing strategy, etc.
Answer:
The Journal entry is as follows:
Depletion expense - Coal Deposit A/c Dr. $280,000
To Accumulated depletion -Coal Deposit $280,000
(To record the depletion expense for the current year)
Workings:
Depletion per ton = (cost - Salvage) ÷ Total units of production
= ($900,000 - $100,000) ÷ 200,000
= $4 per ton
Depletion expense = Tonnage tons mined current year × Depletion per ton
= 70,000 tons × $4
= $280,000
Answer:
Gramm–Leach–Bliley Act
Explanation:
The Gramm–Leach–Bliley Act (GLBA), also known as the Financial Services Modernization Act of 1999, (enacted November 12, 1999) is an act of the 106th United States Congress (1999–2001). It repealed part of the Glass–Steagall Act of 1933, removing barriers in the market among banking companies, securities companies and insurance companies that prohibited any one institution from acting as any combination of an investment bank, a commercial bank, and an insurance company. With the bipartisan passage of the Gramm–Leach–Bliley Act, commercial banks, investment banks, securities firms, and insurance companies were allowed to consolidate. Furthermore, it failed to give to the SEC or any other financial regulatory agency the authority to regulate large investment bank holding companies. The legislation was signed into law by President Bill Clinton.
