Computing the quantity of each component that goes into a finished product can be done by expanding (or exploding) each item in a product structure file and summing at all levels.

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


True

To compute the amount of each item needed at the lower levels, each item would need to be expanded ("exploded") and summed. A more efficient procedure is to store parts data in simple single-level lists. That is, each item and component is listed, showing only its parent and the number of units needed per unit of its parent.

Business

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Materiality judgments are made in light of the surrounding circumstances, but need not necessarily involve both quantitative and qualitative considerations

a. True b. False Indicate whether the statement is true or false

Business

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

1. Order effects research indicates that the sequence in which information is presented can influence subsequent judgments based on that information. 2. The ease of recalling information, but not the difficulty, affects how well people remember the information. 3. Managers may have multiple perceptual biases operating at the same time. 4. It is impossible to improve decision-making by training.

Business

The final step of the ACE process, evaluating, includes ________

A) drafting your message B) analyzing your audience C) selecting the best medium D) considering feedback E) determining your purpose

Business

Maruca Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.    Sales (9,000 units)$270,000Variable expenses 175,500Contribution margin 94,500Fixed expenses 86,100Net operating income$8,400 The margin of safety in dollars is closest to:

A. $86,100 B. $24,000 C. $94,500 D. $8,400

Business