The total sales variance includes both price and volume variances.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Free cash flow is the measure of operating cash flow available for corporate purposes after providing sufficientfixed asset additions to maintain current productive capacity
a. True b. False Indicate whether the statement is true or false
Which of the following documents first stated that users of financial statements should be knowledgeable and should understand the characteristics and limitations of financial statements?
a. “Objectives of Financial Statements” (Trueblood Committee Report) b. “Basic Concepts and Accounting Principles Underlying Financial Statements of Business Enterprises” (APB Statement 4) c. “A Statement of Basic Accounting Theory” (ASOBAT) d. “Statement of Accounting Theory and Theory Acceptance” (SATTA)
8) What are some of the emerging changes in global organizations?
a) Include more small and medium sized firms b) From developed nations only c) Simpler structures d) Easier to establish legitimacy.
As a result of the Bhopal incident, in which a toxic gas leak killed thousands of people, leading officials at Union Carbide have dedicated themselves to operating their business ethically. Ways in which the company can encourage ethical behavior include all of the following except
A. formalizing a corporate code of ethics. B. encouraging whistle-blowing. C. holding ethics training sessions. D. requiring that ethical behavior be profitable. E. promoting open decision making.