A decrease in the response time customers desire increases the number of facilities required in the network
Indicate whether the statement is true or false.
Answer: TRUE
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When deciding whether to discontinue a department, management should focus on
a. the department's direct operating margin; b. indirect expenses; c. the department's operating income; d. all of these; e. none of these.
Nilo Inc. sold an asset to PPQ Partnership, which is unrelated to Nilo. PPQ immediately sold the property to Nilo Western Inc., which is a 100% controlled Nilo subsidiary. The IRS could treat the two sales as one sale of the asset by Nilo to Nilo Western by applying the:
A. Constructive payment doctrine B. Assignment of income doctrine C. Step transaction doctrine D. Economic substance doctrine
Owens Corporation uses a process costing system. For March, the beginning work in process inventory consisted of 60,000 units that were 60% complete with respect to processing. The ending work in process inventory for the month consisted of units that were 20% complete with respect to processing. A summary of unit and cost data for the month follows: UnitsProcessing CostWork-in-process inventory, March 160,000$35,000Units started into production and costs incurred during the month190,000$700,000Units completed and transferred out200,000 Assuming that Owens Corporation uses the weighted-average method, which of the following is closest to the cost per equivalent unit for processing cost for March?
A. $3.87 B. $3.68 C. $4.08 D. $3.50
A team is a group of people who organize themselves to work cooperatively on a common objective. _________________________
Answer the following statement true (T) or false (F)