The master budget of a merchandising company includes a:

A) Production budget.
B) Direct labor budget.
C) Factory overhead budget.
D) Direct materials budget.
E) Purchases budget.


E) Purchases budget.

Business

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Which of the following below is an example of a capital expenditure?

a. replacing an engine in a company car b. cleaning the carpet in the front room c. replacing all burned-out light bulbs in the factory d. tune-up for a company truck

Business

What types of products are exclusively distributed?

What will be an ideal response?

Business

While preparing a contribution margin income statement, the costs are shown into which of the two categories?

A) Direct materials and indirect materials B) Product and period C) Variable and fixed D) Avoidable and unavoidable

Business

Regarding Affirmative Action plans, which of the following is true?

a. it may be used to remedy a "manifest imbalance" b. the imbalance must meet the four-fifths rule c. the imbalance must have resulted from past discrimination d. all of these are true

Business