Which of the following is always irrelevant to short-term operating decisions?
A) relevant cost
B) differential cost
C) opportunity cost
D) sunk cost
D
You might also like to view...
Supplies Expense is a temporary account
Indicate whether the statement is true or false
The main challenges of internal communication within an organization are
A) Communicating through your company's Web site or through e-mail messages. B) Persuading the reader and making your intentions clear. C) Level of detail and tone. D) None of the above
Determine the sensitivity range for the profit for tractors
What will be an ideal response?
O'Hara Company uses the direct method to prepare the operating activities section of its statement of cash flows. The following information is available for Year 2. Inventory, January 1, Year 2$ 260,000Inventory, December 31, Year 2240,000Cost of goods sold during Year 2900,000Accounts payable, January 1, Year 2140,000Accounts payable, December 31, Year 2184,000Required:a) What amount of cash was paid for the purchase of merchandise?b) Using only this information, prepare the operating activities section of the statement of cash flows.
What will be an ideal response?