Information gathering refers to the act of conducting market research and doing intelligence work
Indicate whether the statement is true or false
TRUE
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On January 2, 2015, Garage Master Construction, Inc issued $500,000, 10-year bonds for $574,540 . The bonds pay interest on June 30 and December 31 . The face rate is 8% and the market rate is 6%.The interest expense on the bonds at June 30, 2015 is
a. $ 2,764 . b. $17,236. c. $20,000 . d. $22,764.
Direct operating margin is a performance measure that focuses on the revenues and expenses that a department can control
Indicate whether the statement is true or false
Which of the following is not a disadvantage of nonhierarchical clustering procedures?
A) The number of clusters must be pre-specified. B) The selection of cluster centers is arbitrary. C) The procedures do not work well when the clusters are poorly defined. D) All of the above are disadvantages.
If Company G uses an overhead rate of $3.50 per direct labor dollar, and 63,500 hours of direct labor at $9.00 per hour are actually incurred, $222,250 of overhead costs are allocated for that period
Indicate whether the statement is true or false