The budget committee oversees each stage in the preparation of a master budget
Indicate whether the statement is true or false
True
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The __________________________ describes every data element in the database
Fill in the blank(s) with correct word
An equation used to explain the results of multiple regression analysis is called the multiple regression model
Indicate whether the statement is true or false
Stiller Company owns a machine that was bought on January 2, 2011, for $376,000 . The machine was estimated to have a useful life of five years and a salvage value of $24,000 . Stiller uses the sum-of-the-years'-digits method of depreciation. At the beginning of 2014, Stiller determined that the useful life of the machine should have been four years and the salvage value $35,200 . For the year
2014, Stiller should record depreciation expense on this machine of a. $19,200. b. $44,400. c. $59,200. d. $70,400.
In evaluating the performance of a profit center manager, the manager
a. and the sub-unit should be evaluated on the basis of the same costs and revenues. b. should only be evaluated on the basis of variable costs and revenues of the sub-unit. c. should be evaluated on all costs and revenues that are controllable by the manager d. should be evaluated on all costs and revenues that can be directly traced to the sub-unit.