Which of the following costs is both a prime cost and a conversion cost?
A. administrative costs
B. direct labor
C. manufacturing overhead
D. direct materials
Answer: B
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________, a key stakeholder, is responsible for shaping the overall mission or goals of an organization
A) A customer B) An employee C) A shareholder D) The management
________ is a pleasant feeling resulting from the perception that one's job fulfills or allows for the fulfillment of one's important job values.
A. Social support B. Job complexity C. Job satisfaction D. Fair representation E. Employee engagement
Once a CPA has determined that accounts receivable has increased because of slow collection in a "tight money" environment, the CPA would be likely to:
A. require the entity to tighten its credit policy. B. increase the balance in the allowance for bad debts account. C. review the going concern ramifications. D. expand tests regarding the collectability of receivables.
A merger involves the legal combination of two or more corporations, after which both continue to exist
Indicate whether the statement is true or false