Which of the following would be classified as external users of financial statements?
a. Stockholders and management of the company
b. The controller of the company and a company's stockholders
c. The company's marketing managers
d. The creditors and stockholders of the company
d
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New communications technologies such as cell phones and the Internet give companies new media for interacting with targeted consumers, but these new technologies also give consumers more control over the advertising messages they receive
Indicate whether the statement is true or false
Several people play an essential part in setting standards. Which of the following is incorrect as to setting standards?
A) Accountants expresses judgement in dollars and cents. B) Engineers identify material, labor, and machine requirements. C) Human resource managers provide personnel information. D) Quality managers provide quality measures that will be used to evaluate rejects.
Dependent demand items are ______.
a. those items whose demand depends on the demand for finished products b. intermediate products whose demand depends on external marketing conditions c. raw materials whose demand is determined by external marketing conditions d. semifinished products whose demand is determined by external marketing conditions
Periodic reordering of inventory to maintain preset levels would be classified as which of the following decision types?
A. Process B. Nominal C. Nuanced D. Programmed