The lowest level in work breakdown structure contains the:
A) Atoms.
B) Activities.
C) Finite elements.
D) Work packages.
D
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Under the Uniform Commercial Code (UCC), a sales contract can be created:
A. when the offeror forms subjective intent to contract. B. in any manner sufficient to show agreement. C. when the contract contains the price terms. D. if the contract is reduced to writing.
The accounting procedures for the marketing and administrative costs of manufacturing firms resemble those for merchandising firms
Indicate whether the statement is true or false
Which of the following types of costs is not easily tracked or traced to a specific job or file in job-order costing?
A) Fabric used in upholstered furniture B) Medication given to a hospital patient C) Cleaning supplies used in the factory D) Fringe benefits given to assembly-line worker
Sam Jackson is thinking about buying a new machine that will reduce his annual labor cost by $2,000 per year. The machine will last for 4 years. The interest rate used for management decisions is 8 percent. What is the maximum amount Jackson should pay for the machine?
a. $13,466 b. $6,624 c. $18,428 d. $9,021