While companies can use various journals, every company uses a general journal.

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


True

Business

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A company has two products: A1 and B2. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools:  Budgeted ActivityActivity Cost PoolBudgeted CostProduct A1Product B2Activity 1$48,000 1,200 4,800 Activity 2$63,000 2,240 4,760 Activity 3$80,000 7,200 800 Annual production and sales level of Product A1 is 8,480 units, and the annual production and sales level of Product B2 is 22,310 units. What is the approximate overhead cost per unit of Product A1 under activity-based costing?

A. $12.00 B. $9.00 C. $10.00 D. $4.00 E. $8.00

Business

If a contract is fully performed by all parties to it, then it is presumed to have been ratified.?

Indicate whether the statement is true or false

Business

What two scores would divide a normal distribution such that 64.26% of the general population falls within them if the mean is 100 and the standard deviation is 15?

a.80 to 120 b.85 to 115 c.90 to 110 d.75 to 125

Business

Microsoft uses the term object as a general name for various parts of a Microsoft Access 2013 database

Indicate whether the statement is true or false

Business