Target costing is a method of determining the price of a product or service based on the cost that the business has to pay
Indicate whether the statement is true or false
False
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We ______________________________ by reconciling totals prepared before a computer process has begun to totals prepared at the completion of the computer process. The totals may be prepared and reconciled either manually or by the computer
Fill in the blank(s) with correct word
A large FMCG company decides to test market Kora, a new brand of face cleanser, to be launched soon. The company initially distributes a few free samples to some prospective consumers
Later it offers the product to the customers at a discounted price and observes that not only more than seventy percent of the customers are purchasing it but the same number are also satisfied using it. The company keeps using this process 3-4 times to obtain a correct count of the number of people purchasing the product repeatedly. Which of the following testing methods is being used here? A) simulated testing B) controlled testing C) full test marketing D) parallel testing E) sales-wave research
Managers of a 21st-century organization will need to be more ______ aware to deal with individuals with significantly different work ethics, cultural norms, and even languages.
A. culturally B. technologically C. effectively D. efficiency
In a job order cost accounting system used by a service business, which of the following items would normally not be included as part of overhead?
A) Materials B) Direct labor C) Rent D) Supplies