An example of a recurring tangible cost is software
Indicate whether the statement is true or false
TRUE
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As a general guideline, a pie chart should not require more than four sections
Indicate whether the statement is true or false
Liabilities have which of the following two major categories?
a. Accounts payable and notes payable b. Contributed capital and retained earnings c. Current and long term d. Unearned revenues and other payables
A company's flexible budget for 12,000 units of production showed sales, $48,000; variable costs, $18,000; and fixed costs, $16,000. The variable costs expected if the company produces and sells 16,000 units is:
A. $48,000. B. $24,000. C. $40,000. D. $64,000. E. $18,000.
Which of the following of Reddin’s personal values orientation occurs when the “person likes to work and sees work as an end in itself?”
a. Power oriented b. Achievement oriented c. Industry oriented d. Human oriented