Emerging industries are industries that have been around for years but are just starting to experience explosive growth.
Answer the following statement true (T) or false (F)
False
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Which of the following is not a product cost under variable costing?
A. Direct materials. B. Fixed manufacturing overhead. C. Direct labor. D. All variable manufacturing costs. E. Variable manufacturing overhead.
A decentralized, organic approach with mutual adjustment for managing uncertainty is ideal for which of the following environments?
A. complex and dynamic B. simple and stable C. stable and dynamic D. dynamic and simple E. stable and complex
Which of the following is true of the degree of operating leverage (DOL)??
A. ?The higher the DOL, the closer the firm is to its financial breakeven point. B. ?The higher the DOL, the lower the financial risk of the firm. C. ?The lower the DOL, the higher the operating risk of the firm. D. ?The higher the DOL, the closer the firm is to its operating breakeven point. E. ?The higher the DOL, the higher the percentage increase in the sales.
Joint venturers do not have the authority as agents to enter into contracts for the business that will bind the joint venture.?
Indicate whether the statement is true or false