Direct expenses are assigned to departments based on
a. estimated expenses.
b. actual expenses.
c. the percentage of total net sales represented by each department.
d. the percentage of gross sales represented by each department.
b
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Telephones offer access to geographically dispersed respondents and hard to reach areas
Indicate whether the statement is true or false
Variable costs are always relevant in decision making.
Answer the following statement true (T) or false (F)
A(n) ________ game occurs when each player selects an optimal strategy that does not result in an equilibrium point when the minimax criterion is used
A) optimal strategy B) pure strategy C) mixed strategy D) best strategy
The present value of $100 to be received 10 years from today, assuming an opportunity cost of 9 percent, is ________
A) $236 B) $699 C) $ 42 D) $ 75