In just-in-time manufacturing, the basic cost classifications used in product costing are materials and conversion costs

Indicate whether the statement is true or false


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Business

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When callable preferred stock is recalled, if the recall price exceeds the total of the par value in the preferred stock account and the additional paid-in capital associated with the recalled preferred stock, the difference is

A) credited to Retained Earnings. B) credited to Additional Paid-in Capital on Preferred Stock. C) debited to Retained Earnings. D) credited to Loss from Recall of Preferred Stock.

Business

Explain the difference between deductive and inductive reasoning. Give an example of each.

What will be an ideal response?

Business

What enables an organization to react more quickly to resolve supply chain issues?

A. Selling chain management B. Collaborative engineering C. Collaborative demand planning D. Supply chain event management

Business

An agent is personally liable for his tortious acts that injure third persons only when such acts are not authorized by the principal and the principal cannot be held liable for them

Indicate whether the statement is true or false

Business