Regarding installations, which of the following is NOT true?
A. The number of potential customers at any one time is quite large.
B. It is common for sellers to offer specialized services.
C. Multiple buying influence is common.
D. Leasing installations may be attractive to buyers.
E. The buying needs of potential customers are basically economic.
Answer: A
You might also like to view...
Which of the following provides an explanation of why the variable overhead rate is separated from the fixed overhead rate in standard costing?
A) There is no justifiable reason; their separation is merely to simplify entries. B) Both calculations divide by the same direct labor hours, but the numerator is different for each calculation. C) The variable overhead rate is calculated using actual direct labor hours, whereas the fixed overhead rate is calculated using normal capacity direct labor hours. D) The behavior of costs, used for computing variable overhead rate and fixed overhead rate, differs.
Manufacturing overhead includes the materials and labor that can be directly traced to the goods produced
Indicate whether the statement is true or false
A trial balance summarizes the ledger by listing all the accounts with their balances at a point in time
Indicate whether the statement is true or false
Credit terms for a purchase include the amounts and timing of payments from a buyer to a seller.
Answer the following statement true (T) or false (F)