The direct materials quantity variance is the difference between the actual quantity used and the standard quantity times the actual price

Indicate whether the statement is true or false


False

Business

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A currency speculator's goal is to buy a currency at a low price and immediately resell it at a higher price, thus realizing a risk less profit.

a. True b. False

Business

Which of the following external recruiting methods works best?   

A. Private employment agencies B. Employee referrals C. Newspaper ads D. College recruiters E. Unions

Business

In sampling, a(n) ________ is the object or person about which or from which the information is desired

A) element B) incident C) hypothesis D) census E) information unit

Business

A contribution margin income statement is formatted to emphasize cost behavior rather than organizational functions

Indicate whether the statement is true or false

Business