In one year, a fleet of trucks used 558,709 gallons of fuel. A report to the Vice President requires that this number be rounded to the hundreds. What should be reported to the Vice President as the total gallons of fuel used last year?
558,700
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Research is conducted to determine which type of car is most preferred. The sports car has the highest preference ratings among the five cars that were test-driven
The report states that more sports cars should be manufactured than any other type of car. This last sentence is: A) a recommendation B) a conclusion C) information that should be included in the front matter D) a fact that should only be included in an oral report E) a fact that must be substantiated in an oral report
Building depreciation is an example of a direct product cost in a manufacturing company
Indicate whether the statement is true or false
When actual overhead cost exceeds the overhead applied, overhead is said to be underapplied.
Answer the following statement true (T) or false (F)
Franchising:
A. reduces risk of downside loss. B. is the same as the me-too strategy. C. reduces the amount of competition an entrepreneur will face. D. is the only imitation strategy discussed in the text.