Variable costs per unit are not affected by changes in activity.

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


True

Business

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An assumption about cost flow is necessary

a. because it is required by income tax regulations. b. only when the flow of goods cannot be determined. c. because prices usually change, and tracking which units have been sold is difficult. d. even when there is no change in the purchase price of inventory.

Business

The worksheet and the financial statements both require dollar signs

Indicate whether the statement is true or false

Business

The easiest way to get feedback is to ________.

A. use memos B. send an oral message C. use bulletin board notices D. send an email

Business

A marketing channel is defined as a group of individuals and organizations that

A. consumes about one-half of every dollar spent on products in the United States. B. directs the flow of products from producers to customers. C. links producers to other marketing intermediaries. D. takes title to products and resells them. E. manages transportation and warehousing functions.

Business