Data is composed of ________
A) facts
B) numbers
C) information
D) Both A and B are correct
D
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What does a favorable direct materials cost variance indicate?
A) The actual quantity of direct materials used was less than the standard quantity. B) The actual cost of direct materials purchased was less than the standard cost of direct materials purchased. C) The actual cost of direct materials purchased was greater than the standard cost of direct materials purchased. D) The actual quantity of direct materials used was greater than the standard quantity.
Selling and pricing are examples of ________ functions
A) exchange B) public C) consumer D) facilitating E) physical
The achievement of what component makes it possible for team members to be held accountable to a goal?
a. goal commitment b. willingness to express disagreement c. collective trust d. collective achievement of tasks
Last year Emmons Company reported a cost of goods sold of $115,000. Inventories decreased by $20,000 during the year, and accounts payable decreased by $15,000. The company uses the direct method to determine the net cash flows from operating activities on the statement of cash flows. The cost of goods sold adjusted to a cash basis would be:
A) $120,000. B) $110,000. C) $95,000. D) $130,000.