Customer clothing and the Boeing 787 Dreamliner aircraft are based on standard designs but component production and manufacture of the final product is ________
Fill in the blanks with correct word
make-to-order
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Which needs theory is based on the belief that successfully accomplishing the lower-level needs leads to the achievement of higher-level needs, such as gaining confidence, self-esteem, and finally self-actualization?
A. Maslow’s hierarchy of needs B. Alderfer’s ERG theory C. Herzberg’s two-factor theory D. McClelland’s acquired needs theory
A change from the straight-line method of depreciation to an accelerated method should be accounted for as a(n)
a. change in an accounting estimate. b. change in an accounting principle. c. prior period adjustment. d. accounting error.
Which of the following statements regarding gross profit is not true?
A. Gross profit must cover all operating expenses to yield a return for the owner(s) of the business. B. Gross profit is also called gross margin. C. Gross profit equals net sales less cost of goods sold. D. Gross profit less other operating expenses equals income from operations. E. Gross profit is not calculated on the multiple-step income statement.
A check is considered dishonored if it is returned to the holder stamped "insufficient funds."
Indicate whether the statement is true or false