A cost that would be included in product costs under both absorption costing and variable costing is:
A. variable selling expenses.
B. factory rent.
C. supervisory salaries.
D. variable manufacturing costs.
Answer: D
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During a concealment investigation, an investigator fails to recognize that an invoice had been forged. This represents a:
a. sampling risk. b. non-sampling risk. c. systematic risk. d. systemic risk.
O'Keith Company purchased a mine on January 1, 2018, for $530,000. The mine is estimated to contain 37,000 tons of iron ore. There is no residual value. The business extracted and sold 2500 tons of ore in 2018 and 19,800 tons of ore in 2019. What is the book value of the mine at the end of 2019? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $456,000 B) $210,664 C) $371,000 D) $530,000
A first-rate SWOT analysis
A. identifies the reasons a company's strategy is or is not working very well. B. is a tool for benchmarking whether a firm's strategy is closely matched to industry key success factors. C. provides a good basis for crafting a strategy. D. reveals whether a company is competitively stronger than its closest rivals. E. is a way to measure whether a company's value chain is longer or shorter than the chains of key rivals.
One indication that a salary program is not externally competitive is increased turnover of employees
Indicate whether the statement is true or false.