Who is a prominent proponent of scenario planning?
a. Oliver Freeman
b. Carl Perkins
c. Gene Vincent
d. Vince Taylor
a. Oliver Freeman
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Which formula could be used to calculate taxes in B12?
a) =B8-B12
b) =(B10+B9)-B12
c) =B10-B12
d) =(B10-B8)+B12
e) None of the above
Department S had no work in process at the beginning of the period. 12,000 units of direct materials were added during the period at a cost of $84,000, 9,000 units were completed during the period, and 3,000 units were 30% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $49,500 and factory overhead was $9,900
The total cost of units completed during the period were: A) $117,000 B) $143,400 C) $121,000 D) $127,450
Responsibility for variable overhead spending and efficiency variances is generally assigned to production departments
Indicate whether the statement is true or false
Some firms use the payback period as a decision criterion or as a supplement to sophisticated decision techniques, because ________
A) it explicitly considers the time value of money B) it can be viewed as a measure of risk exposure due to its focus on liquidity C) the determination of the required payback period is an objectively determined criteria D) it considers the timing of cash flows and therefore the time value of money