A spending variance is the difference between the amount of the cost in the static planning budget and the amount of the cost in the flexible budget.
Answer the following statement true (T) or false (F)
False
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The rise in the use of ambush marketing can be attributed to:
A) the increase in expenditures on sponsorships and the use of athletes as endorsers B) the increased usage of cause-related marketing C) a relaxation in ethical standards by society D) changes in regulatory policies of the Federal Trade Commission
On January 1, 2016, the Master Company purchased a machine for $36,000 that had a ten-year estimated useful life and no estimated salvage value. At the start of the seventh year of use, a new energy saving device was added to the machine that extended its original useful life an additional two years. This change in the seventh year should be accounted for by
A) including the cumulative effect of the change in net income for the current period. B) depreciating the remaining book value over four years. C) retroactively adjusting income of prior periods using the newly adjusted useful life. D) depreciating the remaining book value over six years.
Action learning trains team members to:
a. develop skills that can be used in a variety of roles. b. develop assertive skills. c. learn how to analyze and solve real-life problems in their organizations. d. develop shared mental models.
What has been a concern voiced by some suppliers in regards to CSR issues?
a. Some feel it is a drain on the resources. b. Some feel it makes them less competitive. c. Some feel that there needs to be more study on how it benefits the company. d. Some feel that it is distracting, resulting in lower organization productivity.