Top management should be directly involved in strategic planning for an organization

Indicate whether the statement is true or false


T

Business

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San Juan, Inc. is considering two alternatives: A and B. The costs associated with the alternatives are listed below: Alternative A Alternative BMaterial costs$35,000  $57,000 Processing costs 36,000   57,000 Building costs 12,000   28,000 Equipment rental 19,000   19,000 If only the differential costs of the two decisions are considered, the total differential costs of Alternative B is:

A. $102,000. B. $59,000. C. $161,000. D. $131,500.

Business

Investing activities include: (a) the purchase and sale of long-term assets, (b) loaning money in return for notes receivable, and (c) the purchase and sale of short-term investments.

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

Business

Determinant attributes are product or service features that are important to the buyer and on which competing brands or stores are perceived to differ.

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

Business

The process by which companies produce their financial statements for a specific period is called the ________

A) operating cycle B) closing process C) opening process D) accounting cycle

Business