Given the functional dependency (A, B) ? C, (A, B) is a ________
A) dependent variable
B) determinant
C) composite determinant
D) Both B and C are correct
D
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The variable cost per unit increases in direct proportion to the activity base.
Answer the following statement true (T) or false (F)
Which of the following is false regarding the payroll process?
a. it supports the repetitive work routines of the payroll department b. because payroll is a key competency, it typically does not make sense to outsource this process c. it maintains data for payroll taxes and fringe benefits d. moving from bi-weekly to monthly payroll can reduce costs by 30 to 50 percent
A company maintains a qualified pension plan for all of its employees. The company can also establish a qualified profit-sharing plan for its management team.
Answer the following statement true (T) or false (F)
The normal balance of the accumulated depreciation account is debit
Indicate whether the statement is true or false