Cost is a dollar measure of the resources used to achieve a given benefit
Indicate whether the statement is true or false
True
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Prevention costs include ______.
A. costs incurred to prevent defects and errors from occurring before manufacturing the product or delivering the service B. costs of inspecting employees after they have manufactured a product C. costs of managing product returns D. liability resulting from product defects
The primary difference between variable and absorption costing is the treatment of:
A) fixed selling and administrative costs. B) variable selling and administrative costs. C) fixed manufacturing overhead. D) variable manufacturing overhead.
Culture shock is generally considered a positive sign that the professional is becoming involved in the new culture.
Answer the following statement true (T) or false (F)
Diggin Tools just issued new preferred stock, which sold for $85 in the stock markets. Holders of the stock will receive an annual dividend equal to $9.35. The flotation costs associated with the new issue were 6 percent and Diggin's marginal tax rate is 30 percent. Which of the following is the component cost of preferred stock, rps? (Round off the answer to two decimal places.)?
A. ?10.75 percent B. ?10.52 percent C. ?12.25 percent D. ?11.70 percent E. ?11.05 percent