CPA REVIEW SCHOOL OF THE PHILIPPINES
MANAGEMENT ADVISORY SERVICES
1. Order-filling costs, as opposed to order-getting costs, include all but which of the following items?
a. Credit check of new customers.
c. Collection o
Interest is defined as the cost of using money over time;
represents time value of money; the excess of resources
(usually cash) received or paid over the amount of resources
loaned or borrowed
Future Value Determination In
Business activity that is part and parcel of human society;
complex enterprise that involves major activities like purchasing,
manufacturing, marketing, advertising, selling and accounting
Fundamental reason for examining the activities of busin