If indirect costs are a significant percentage of total project costs, reductions in project time can represent very real savings.

Answer the following statement true (T) or false (F)


True

When reducing project duration, if the savings for indirect costs are more than the increase in direct costs, there will be overall cost savings.

Business

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The ultimate goal of a customer relationship management is to build one-on-one customized relationships between a business and individual customers

Indicate whether the statement is true or false

Business

Averette & Averette Averette & Averette, a local dental practice, currently makes its own dentures for customers. The dental practice has one part-time employee who comes in weekly to make dentures. The employee is paid $150 per denture set. The direct materials and variable overhead cost per set of dentures is $75 and $25, respectively. In addition, the practice allocates $10,000 of fixed

overhead to the denture-making department. The practice makes 1,000 sets of dentures per year. An outside company who specializes in the making of dentures has offered to make each set of dentures for Averette & Averette for $255 per set. Refer to the Averette & Averette information above. What are Averette & Averette's total relevant costs to make the dentures themselves? A) $300 B) $400 C) $415 D) $350

Business

Auditors of a public company may face unlimited liability to investors who may be a worldwide class of potential plaintiffs. What do the courts do to limit such responsibility in negligence?

A) They limit damages to the cost of the audit fees. B) They make auditors liable only for gross negligence C) They limit the scope of duty. D) They make it very difficult to prove causation. E) None of the above

Business

Courts will generally defer to an agency's construction of a statute within its area of expertise

a. True b. False Indicate whether the statement is true or false

Business