Which of the following statements about flexible budgeting is true?
a. A flexible budget deals with both fixed and variable overhead.
b. If all the activity levels are within the relevant range, costs at each successive level should equal the previous level plus a uniform monetary increment for each variable cost factor.
c. the activity levels shown on flexible budgets cover the contemplated range of activities for the upcoming period.
d. All of the above statements are true.
d
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What does enterprise resource planning involve?
A. Integrating all departments and functions throughout an organization into a single IT system so that employees can make decisions by viewing enterprise-wide information on all business operations. B. Analyzing and redesigning of workflow within and between enterprises. C. Managing all aspects of a customer's relationship with an organization to increase customer loyalty and retention and an organization's profitability. D. Managing information flows between and among activities in a supply chain to maximize total supply chain effectiveness and corporate profitability.
"I accept provided that the premises will be vacated prior to March 1, 2015", is a valid acceptance if communicated to the offeror properly
Indicate whether the statement is true or false
The U.S. Supreme Court grants certiorari: A) when state courts do not agree on a decision in similar fact patterns
B) when circuit courts do not agree on a decision in similar fact patterns. C) in all cases. D) only on cases tried in federal court.
One of the ways to formulate the Markowitz model is to:
a. maximize the variance of the portfolio subject to a constraint on the expected return of the portfolio. b. minimize the expected return of the portfolio subject to a constraint on variance. c. minimize the variance of the portfolio subject to a constraint on the expected return of the portfolio. d. minimize the expected return of the portfolio with no constraint on variance.