Credit policy for multinational firms is generally more risky due in part to the additional consideration of exchange rates and also due to uncertainty regarding the credit worthiness of many foreign customers.
Answer the following statement true (T) or false (F)
True
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Passive voice is wrong, and you should avoid it entirely for business writing
a. true b. false
The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. Compute the number of units that must be sold in order to achieve a target pretax income of $130,000. Sales (50,000 units) $1,000,000 Costs: Direct materials$270,000 Direct labor 240,000 Fixed factory overhead 100,000 Variable factory overhead 150,000 Fixed marketing costs 110,000 Variable marketing costs 50,000 920,000 Pretax income $80,000
A. 81,250. B. 53,165. C. 50,000. D. 58,621. E. 36,207.
Any relevant material, except information stored electronically, can be the object of a discovery request
a. True b. False Indicate whether the statement is true or false
The final step in recognizing the completion of production requires a company to:
A. debit Finished-Goods Inventory and credit Work-in-Process Inventory. B. add direct materials, direct labor, and manufacturing overhead to Work-in-Process Inventory. C. add direct materials to Finished-Goods Inventory. D. add direct labor to Work-in-Process Inventory. E. debit Work-in-Process Inventory and credit Finished-Goods Inventory.