Which of the following accounts is only created as the result of acquiring a controlling interest in another company?

A) Patents
B) Goodwill
C) Acquisition expense
D) Acquisition revenue

A push system means providing the next station with exactly what is needed when it is needed.

If HR specialists use multiple predictor estimates of the future demand for personnel based on a variety of differing assumptions about how future events will unfold,what type of forecasting technique or analysis are they using?

A) Delphi technique
B) nominal technique
C) impact analysis
D) scenario forecast

ACME Corporation used to produce $50 worth of goods (in year 2000 dollars) per million BTUs used.Now it produces $60 worth of goods (in year 2000 dollars) per million BTUs.Based on this,we can conclude:

A) nothing about ACME's energy efficiency.
B) that ACME's energy efficiency has declined.
C) that ACME's energy efficiency has improved.
D) that ACME is using a single energy source and achieving economies of scale in production.

Which statement is true about the perfect competitor?

A) Firms operate at peak efficiency in the short run.
B) Economic profits are greater than accounting profits.
C) Firms that survive must make a profit in the long run.
D) The demand curve is perfectly elastic for each firm.

Oscar Industries has the following inventory information. $\begin{array}{rll}\text{ July }1& \text{ Beginning Inventory }& 40\text{ units at }\$110\\ 5& \text{ Purchases }& 240\text{ units at }\$112\\ 14& \text{ Sale }& 160\text{ units }\\ 21& \text{ Purchases }& 120\text{ units at }\$115\\ 30& \text{ Sale }& 150\text{ units }\end{array}$
Assuming that a periodic inventory system is used what is the amount allocated to ending inventory on a FIFO basis?

A) $10350
B) $10000
C) $35080
D) $34730