In a process costing system, regardless of the cost approach used, cost of beginning inventory is ignored while computing the cost per equivalent unit
Indicate whether the statement is true or false
False
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Which of the following statements is true of submissive salespeople?
A. They prejudge the customer's needs and fail to probe for information. B. They establish rapport quite effectively. C. They create new "needs" in customers through persuasion. D. They are self-confident and positive. E. They probe to uncover any latent needs or opportunities for sales.
________ consists of creating something new to meet the needs of consumers in a given country
A) Product adaptation B) Straight product extension C) Undifferentiated marketing D) Product invention E) Standardized manufacturing
The gross profit method of inventory valuation is NOT valid when
a. there is substantial increase in the quantity of inventory during the year. b. there is substantial increase in the cost of inventory during the year. c. the gross margin percentage changes significantly during the year. d. all ending inventory is destroyed by fire before it can be counted.
______ is a necessary and distinguishing characteristic of successful organizations.
a. Training and development departments b. Organizational change c. Organizational culture d. Conflict resolution