The sales-volume variance measures the effect on sales revenue of sales price deviations.
Answer the following statement true (T) or false (F)
False
The sales-volume variance measures the effect on sales revenue of deviations in sales volume.
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The Restatement (Second) of Contracts carries the force of law.
Answer the following statement true (T) or false (F)
When does product line stretching occur?
What will be an ideal response?
Clustering occurs where ______.
A. there is a concentration of critical resources in a particular region B. population is sparse C. there are not many consumers D. government requires production facilities to be located
In converting income statement amounts to statement of cash flow amounts, which of the following is true?
a. Depreciation expense would be deducted from net income. b. A loss on sale of land would be added to net income. c. A gain on sale of equipment would be added to net income. d. An increase in accounts payable would be deducted from net income.