The cost accountant works directly with the corporate president to develop the selling and administrative expense budget

Indicate whether the statement is true or false


FALSE .The cost accountant works with the office and sales managers to develop the selling and administrative expense budget.

Business

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A manufacturer attempting to set prices for its products in export markets must realize that CIF, VAT, and distributor markup all lead to:

A) currency devaluations. B) dumping charges. C) market skimming. D) price escalation. E) market penetration.

Business

A stock dividend will cause an increase in total contributed capital at the date the dividend is declared

Indicate whether the statement is true or false

Business

Which of the following is NOT a reason a business should blog?

A) Blogs humanize an organization. B) Blogs provide rapid feedback to an organization. C) Blogs facilitate the spread of word-of-mouth. D) Blogs can position a company as an expert. E) Blogs are the best medium for online advertising.

Business

A free exchange of information helps organizations

A) respond rapidly to changing markets. B) build employee morale. C) serve the public. D) do all of these (respond rapidly to changing markets, build employee morale, serve the public).

Business