In a company that uses process costing, the cost of goods manufactured is equal to:
a. total production costs added during the period.
b. total production costs accounted for.
c. the cost of goods completed in the period.
d. the cost of ending work in process at the end of the period.
c
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Organizations that decentralize (delegate) authority enable managers to:
A. Advance in the company B. Gain skills C. Make significant decisions D. All of the choices are correct
Which trade theory suggests that a newly produced good, once exported, could ultimately end up being imported as the technology is transferred to foreign nations?
a. factor-endowment theory b. product life cycle theory c. theory of overlapping demands d. specific-factors theory
Which of the following factors DOES NOT need to be specified when using a statistical package to determine the appropriate sample size for a research study?
A) precision level B) confidence level C) population standard deviation D) population demographics E) C and D
Older workers ____.
A. typically are not comfortable using self-help and will not use it to solve problems B. will often pose questions to a large group of people via Twitter or Facebook C. typically are more comfortable receiving step-by-step instructions via the phone D. generally do not fit any one profile; their level of comfort using technology varies