Processing delay is a components of collection float.

Gross sales equals:

A) net sales minus sales discount.
B) sales discount less net income.
C) the total of cash sales and credit sales.
D) supplies minus inventory.

Assuming that actual activity turns out to be the same as expected activity, the total amount of overhead cost allocated to Product X would be closest to:

A) $371,700
B) $387,000
C) $268,300
D) $149,000

Fresh out of college, you are negotiating with your prospective new employer. They offer you a signing bonus of $2,000,000 today or a lump sum payment of $2,500,000 three years from now. If you can earn 7% on your invested funds, which of the following is true?

A) Take the signing bonus because it has the lower present value.
B) Take the signing bonus because it has the higher future value.
C) Take the lump sum because it has the higher present value.
D) Take the lump sum because it has the lower future value.
E) Based on these numbers, you are indifferent between the two.

People can simply acknowledge a brand or they can work with a brand to develop new products.This continuum is also known as which of the following?

A) Brand profile.
B) Derivative branded content.
C) Brand engagement.
D) Friendvertising.
E) Participatory advertising.

The plaintiff must provide the defendant in a lawsuit with a copy of the complaint. That process is called ________.

A) Summons issuance
B) Service of process
C) Service delivery
D) Subpoena delivery
E) In personam service