The primary advantage of establishing cost pools is reducing the number of individual cost allocations that are made.

Answer the following statement true (T) or false (F)


True

Business

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The salvage value of an old asset in a machine replacement decision is irrelevant

Indicate whether the statement is true or false

Business

For customers with strong credit ratings, Jen's furniture store offers a credit line with no interest for six months for purchases over $500. This is an example of a pricing strategy

Indicate whether the statement is true or false

Business

Recommendation reports are highly structured, using a consistent outline and a compare-and-contrast discussion

Indicate whether the statement is true or false

Business

Pets R Us has recently acquired Caring for Pets and Pet Go Round. Since they all are similar in market share, Pets R Us is planning to rebrand Caring for Pets to be a pet daycare facility and Pet Go Round to be a veterinary clinic and groomer. This is an example of which strategy?

A. Retrenchment strategy B. Internal growth strategy C. Divestment strategy D. Concentration strategy E. External growth strategy

Business