Matching ​Match Each Statement with the Correct Item Below

question 93

Multiple Choice

Matching
​
Match each statement with the correct item below.
-​Keep-or-drop decisions

• A)​the difference in total cost between the alternatives in a decision
• B)​determine whether or not a segment should be kept or dropped
• C)​limited resources and limited demand for each product
• D)​a specific set of procedures that produces a decision
• E)​the point at which products that have common processes and costs of production become distinguishable
• F)​method of determining the cost of a product based on the price that customers are willing to pay
• G)​decisions involving a choice between internal and external production
• H)​products that have common processes and costs of production up to a point
• I)​past costs that cannot be affected by future decisions
• J)​a percentage applied to the base cost to cover other costs plus profit
• K)​determine whether a specially priced order should be accepted or rejected
• L)​determine whether it is more profitable to process a joint product further

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Definitions:

World Trade Organization

An international organization designed to supervise and liberalize world trade, by providing a forum for trade negotiations and dispute resolutions.

Intellectual Property

Legally recognized exclusive rights to creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images.

U.K. Bribery Act

A law passed by the United Kingdom in 2010, designed to combat bribery and corruption in both the public and private sectors.

Foreign Corrupt Practices Act

A United States law that prohibits U.S. companies and their employees from bribing foreign officials for business purposes.