When closing overapplied manufacturing overhead to Cost of Goods Sold, which of the following would be true?
A. Work in Process will decrease.
B. Cost of Goods Sold will increase.
C. Gross margin will increase.
D. Net income will decrease.
Answer: C
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_______ is the formal and informal sharing of meaningful and timely information between firms
a. Customer selection b. Ordering selection c. Communication d. Continuity
A formal entrance into a contract between a client and an accountant is known as an ________
A) abatement B) arraignment C) easement D) engagement
Samuel, a researcher, deduces that single women between the ages of 25 and 30, who usually live in the suburbs and make thrifty purchases, prefer a particular brand of washing machines. In this case, Samuel uses ________ to understand customer behavior.
A. metadata matching B. supervised data mining C. cluster analysis D. market-basket analysis E. neural networks
Brayden is being promoted to the position of manager of the engineering division in his company because of his knowledge and his ability to perform all the functions required in his field. In this instance, Brayden is being promoted because of his ________ skills.
A. technical B. conceptual C. leading D. human E. planning