One reason advertising is very effective in our environment today is because people will pay attention and learn about an organization's product
Indicate whether the statement is true or false
False
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Bumgardner Inc. has provided the following data concerning one of the products in its standard cost system.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateDirect materials8.0 liters$5.00 per liter?The company has reported the following actual results for the product for April: Actual output 7,400unitsRaw materials purchased 65,400litersActual price of raw materials$5.70per literRaw materials used in production 59,210liters?The direct materials purchases variance is computed when the materials are purchased.?The raw materials price variance for the month is closest to:
A. $41,447 F B. $45,780 U C. $41,447 U D. $45,780 F
Lana wasn't sure if her coworker Branson was correct when she said it was ok to take work home, but she had faith in Branson's ability to make good decisions, so she took the work home and hoped her boss wouldn't be mad. Lana was displaying
A. self-interest. B. trust in Branson. C. unethical behavior. D. trust in her boss. E. rule breaking.
Which of the following is an example of lateral communication?
A) Your supervisor sends you an email that lists your strengths and weaknesses. B) Three state senators discuss the pros and cons of passing new laws against hate crimes. C) The vice president of marketing prepares a report to share with the marketing representatives. D) You respond to an internal survey conducted by a colleague from another department. E) You prepare a year-end sales report for your supervisor's approval.
Financial accounting information is usually less detailed than managerial accounting information.
Answer the following statement true (T) or false (F)