Which of the Following Is Correct Regarding the Final Status

question 31

Multiple Choice

Which of the following is correct regarding the final status of the negotiations between Donna and Isaiah?

• A)Donna cannot accept Isaiah's offer because she did not do so in her initial conversation with Isaiah.
• B)Donna cannot accept Isaiah's offer because it was revoked when he sold the hot tub to Paul.
• C)Donna did not reject Isaiah's offer because she merely made an inquiry.
• D)Donna cannot accept Isaiah's offer because he already sold the personal watercraft,and that terminated the offer to her.
• E)Donna rejected Isaiah's offer by making a counteroffer.

---

Definitions:

Net Operating Income

The total profit of a company after operating expenses are subtracted from total revenue, but before deducting interest and taxes.

Total Period Cost

The sum of all expenses associated with operating a business during a specific accounting period.

Absorption Costing

An accounting method that includes all manufacturing costs (direct and indirect) in the cost of a product.

Total Period Cost

The sum of all costs, both fixed and variable, incurred during a specified period of time, excluding product manufacturing costs.