Cost allocation bases in activity-based costing should be
a. cost drivers.
b. value-added activities.
c. activity centers.
d. processes.
A
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Indicate whether the statement is true or false
On January 31, 2016, Manning Company acquired a new machine by paying $40,000 cash and agreeing to pay $20,000 annually for four years, beginning on January 31, 2017. Assuming an interest rate of 10%, Manning should record the acquisition cost of the machine on January 31, 2016, at
A) $120,000. B) $109,737. C) $103,397. D) $102,092.
If a slide deck makes "stand-alone sense," then it means that the slide deck ________
A) is comprehensible only for those people who have prior knowledge of the topic B) includes every word the presenter plans to say C) requires the presence of the presenter standing there to explain the slides D) requires supporting documents like handouts for it to be understood E) can be understood by anyone who reads it without the benefit of the presenter
Company strategies and value creating processes can't be effectively executed without internal information systems that include
A. continuous access to social networks. B. TQM, reengineering, and Six Sigma programs. C. activity-based cost accounting, benchmarking, and best practices. D. customer data, employee data, supplier/partner data, operations data, and financial performance data. E. monetary and nonmonetary reward systems.