Discuss, briefly, the difference between a decision variable and a state variable
What will be an ideal response?
A decision variable is what we choose; a state variable is what results.
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The key to helping resolve service breakdowns is to frame your problem resolution with customer-focused messages through the use of the emotion-reducing model.
Answer the following statement true (T) or false (F)
If the subject matter of a proposed contract is destroyed without the knowledge of either party after the making of an offer but before its acceptance, the offer cannot be terminated.
Answer the following statement true (T) or false (F)
Securities that firms expect to hold for more than one year from the date of the balance sheet appear in investments in securities, classified as a current asset on the balance sheet
Indicate whether the statement is true or false
The following data relate to product no. 33 of Volusia Corporation:Direct labor standard: 5 hours at $14 per hourDirect labor used in production: 45,000 hours at a cost of $639,000Manufacturing activity: 8,900 units completedThe direct-labor rate variance is:
A. $9,000F. B. $9,000U. C. $8,900U. D. $8,900F. E. None of the answers is correct.