When a job order cost system is used, normal losses are treated as period costs and abnormal losses are treated as product costs
Indicate whether the statement is true or false
false
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Answer the following statements true (T) or false (F)
1. An organizational culture that celebrates failure helps foster innovation. 2. Innovation can be fostered by withholding raises or promotions from those whose attempts to innovate are not successful. 3. One step for fostering innovation is gaining allies by communicating your vision. 4. The most effective way to handle rewards for innovation is to provide them at the end of a successful project.
Activity-based costing and activity-based management are effective in helping managers do all of the following except
a. trace technology costs to products. b. promote excellence standards. c. identify only value-added activities. d. analyze performance problems.
ANZ Inc, a cement manufacturer, releases hazardous chemicals into the atmosphere and also into nearby streams. The pollutants released into the atmosphere exceed acceptable levels and the company is facing a suit from the residents of nearby towns. Under which of the following acts can the company be sued?
A) Sherman Act B) Clayton Act C) Resource Conservation and Recovery Act D)Clean Air Act
Kevin sold 250 shares of Mountain stock at $23; 325 shares of ADS stock at $30; and 95 shares of Liberty stock at $43 . Commission charges were $0.20 per share. Compute the proceeds of the sale