Which of These Statements Regarding When and Where Online Consumers

question 198

Multiple Choice

Which of these statements regarding when and where online consumers shop and buy is most accurate?

• A) Eighty percent of online sales occur on the weekends.
• B) The busiest shopping day is Saturday.
• C) Only 10 percent of consumers say they visit websites from their place of work.
• D) Favorite websites for workday shopping and buying include those featuring event tickets, travel, and flowers and gifts.
• E) Most people buy online when they are sad or depressed.

Grasp the importance of choosing the appropriate activity base for costs.

Understand the concept of the relevant range and its importance in cost behavior analysis.

Calculate break-even points and understand their significance in business decision-making.

Apply knowledge of cost behavior to evaluate changes in cost structures and their impact on a company’s financial health.

---

Definitions:

Capital Loss Carryback

Capital Loss Carryback is a tax provision allowing taxpayers to apply a net capital loss to past tax years’ returns to receive a tax refund for taxes previously paid on capital gains.

Schedule M-1

is a tax form used by corporations to reconcile income reported on tax returns with income reported on financial statements.

Alternative Minimum Tax

A parallel tax system to the regular income tax that ensures that certain taxpayers pay at least a minimum amount of tax.

Corporations

Legal entities that are separate from their owners, capable of owning property, entering contracts, and being taxed.