what type of company? A) Manufacturer B) Retailer C) Service D) Wholesaler Answer: C Diff: 1 LO: 2-1 EOC: S2-2 AACSB: Reflective thinking Learning Outcome: Define and use cost-volume-profit analysis to analyze the effects of changes. 12) Jiffy Lube, an automotive maintenance company, is primarily what type of company? A) Manufacturer B) Retailer C) Wholesaler D) Service Answer: D Diff: 1 LO: 2-1 EOC: S2-2 AACSB: Reflective thinking Learning Outcome: Define and use cost-volume-profit analysis to analyze the effects of changes. 13) Among other products, Nabisco makes Oreo cookies. Which type of company is Nabisco? A) Service B) Manufacturer C) Retailer D) Wholesaler Answer: B Diff: 1 LO: 2-1 EOC: S2-2 AACSB: Reflective thinking Learning Outcome: Define and use cost-volume-profit analysis to analyze the effects of changes. 14) Which type of company typically produces its own inventory? A) Manufacturer B) Service company C) Retailer D) Wholesaler Answer: A Diff: 1 LO: 2-1 EOC: S2-2 AACSB: Reflective thinking Learning Outcome: Define and use cost-volume-profit analysis to analyze the effects of changes. 15) What type of company resells tangible products it purchases ready-made from suppliers? A) Merchandiser
what type of company? A) Manufacturer B) Retailer C) Service D) Wholesaler Answer: C Diff: 1 LO: 2-1 EOC: S2-2 AACSB: Reflective thinking Learning Outcome: Define and use cost-volume-profit analysis to analyze the effects of changes. 12) Jiffy Lube, an automotive maintenance company, is primarily what type of company? A) Manufacturer B) Retailer C) Wholesaler D) Service Answer: D Diff: 1 LO: 2-1 EOC: S2-2 AACSB: Reflective thinking Learning Outcome: Define and use cost-volume-profit analysis to analyze the effects of changes. 13) Among other products, Nabisco makes Oreo cookies. Which type of company is Nabisco? A) Service B) Manufacturer C) Retailer D) Wholesaler Answer: B Diff: 1 LO: 2-1 EOC: S2-2 AACSB: Reflective thinking Learning Outcome: Define and use cost-volume-profit analysis to analyze the effects of changes. 14) Which type of company typically produces its own inventory? A) Manufacturer B) Service company C) Retailer D) Wholesaler Answer: A Diff: 1 LO: 2-1 EOC: S2-2 AACSB: Reflective thinking Learning Outcome: Define and use cost-volume-profit analysis to analyze the effects of changes. 15) What type of company resells tangible products it purchases ready-made from suppliers? A) Merchandiser