Earning revenue
A) increases assets, increases owner's equity.
B) increases assets, decreases owner's equity
C) increases one asset, decreases another asset
D) decreases assets, increases liabilities
A
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New product development starts with ________
A) concept development B) idea screening C) idea generation D) concept testing E) test marketing
Underfoot Products uses standard costing. The following information about overhead was generated during May: Standard variable overhead rate $2 per machine hour Standard fixed overhead rate $1 per machine hour Actual variable overhead costs $390,000 Actual fixed overhead costs $175,000 Budgeted fixed overhead costs $190,000 Standard machine hours per unit produced 10 Good units produced 18,000
Actual machine hours 200,000 Compute the fixed overhead budget variance. a. $5,000 (F) b. $5,000 (U) c. $10,000 (F) d. $15,000 (F)
In the vertical analysis of a balance sheet, the base for current liabilities is total liabilities
Indicate whether the statement is true or false
Which of the following statements about the length of television commercials is true?
A. Commercials have become longer as the demand for broadcast time has dwindled. B. Commercial length is increasing as the cost of ad space decreases. C. The number of 60-second commercials has declined due to the networks' desire to sell more ads and restrict clutter. D. Commercial length is increasing and 60-second spots are typically considered the norm. E. Commercials became shorter because advertisers turned to shorter spots as a way of controlling their media costs.