When more hours of labor time are necessary to complete a job than the standard allows, the labor efficiency variance is unfavorable.

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


False

Business

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Sampling is less effective than coupons, advertising, and games or contests in helping consumers evaluate products

Indicate whether the statement is true or false

Business

Under the cost-adjusted-to-market method of accounting for an investment,

a. Dividend Income is credited when dividends are received. b. the investment account is credited when dividends are received. c. the investment account is credited when the investee reports a net income. d. Investment Income is credited when the invested reports a net income.

Business

The fundamental difference between informative and persuasive presentations is the ______.

a. introduction b. summary c. speaker’s credibility d. speaker’s intent

Business

Residual income should be used to evaluate an investment center rather than a cost or profit center.

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

Business