46.

The CASB applies to which entity or group?

• Non-profit organizations
• Government agencies
• All businesses
• Publicly traded businesses

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47.

Which capitalization concept would take inflation into account?

• Payback period
• Simple interest
• Time value of money
• All of these would

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48.

Your company needs every department to submit a draft budget. This is an example of which form of budgeting process?

• Lateral
• Bottom-up
• Top-down
• Mid-level

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49.

Glue costs $10 per gallon and wood costs $1.50 per panel. One unit takes 2 panels and one-tenth of a gallon. You need to have one gallon of glue and 10 panels left over. What is the material cost to make 700 units?

• $2,825
• $4,025
• $2,500
• $8,050

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50.

A candy company spends $12,000 on marketing for its chocolates. White chocolate is a little harder to sell so they use about 40% on white chocolate and 30% each for dark and mild chocolates. If the company sold 10,000 boxes of white chocolate, what is the indirect cost rate of marketing for white chocolate?

• $0.48
• $2.08
• $3.00
• $0.33