Costs that can be traced to a cost object in a cost-effective way are called direct costs.

Answer the following statement true (T) or false (F)


True

Business

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Karl is engaged in a conversation with Helga and he is asking questions that allow her free rein in answering. What sort of questions are these?

A. open-ended B. leading C. closed-ended D. loaded

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List the three sections of the cash budget for a merchandising company.

What will be an ideal response?

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Which of the following is NOT an example of a fixed cost?

A) materials B) utilities C) payroll D) rent E) Web site hosting

Business

Choose the correct word or words in parentheses. Good employees (accept, except, expect) responsibility for their actions

Business