The production budget is the starting point for preparation of the direct labor cost budget
Indicate whether the statement is true or false
True
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A competitive advantage should be difficult to imitate
Indicate whether the statement is true or false
Use this information to answer the following question. Oct. 1 Inventory 200 units @ $12.00 6 Purchase 300 units @ $13.20 13 Purchase 100 units @ $14.40 20 Purchase 200 units @ $15.60 25 Purchase 40 units @ $16.80 Total sales 620 units A periodic inventory system is used. Using LIFO, cost of goods sold is
A) $3,480. B) $8,928. C) $2,664. D) $8,112.
Which of the following is not a characteristic of responsible autonomy?
a. Relatively autonomous roles responsible to rules b. Everybody being equal c. Order created through strict supervision d. A detailed specification of all tasks
Manuel was deeply in debt. Manuel decided to sell his $20,000 car to his cousin for $4,000 and then 9 months later Manuel declared bankruptcy. The court would
A) rule Manual legally had the right to sell his car to his cousin at that time B) rule Manuel has made a fraudulent preference C) rule Manuel has committed a deceptive practice D) order the car be taken back from his cousin and order criminal penalties against Manuel E) both C and D