Competitive intelligence allows managers to predict changes in business relationships, identify marketplace opportunities, and discover new or potential competitors.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Laws regulating the rights and obligations of individuals in relationship to each other are called
a. civil laws. b. criminal laws. c. constitutional laws. d. administrative laws.
Forward Venture Company, which uses a standard cost system, budgeted $600,000 of fixed overhead when 40,000 machine hours were anticipated. Other data for the period were:Actual units produced: 10,000Standard production time per unit: 3.9 machine hoursFixed overhead incurred: $620,000Actual machine hours worked: 42,000Forward Venture Company's fixed-overhead volume variance is:
A. $10,000 favorable. B. $20,000 unfavorable. C. $15,000 unfavorable. D. $20,000 favorable. E. $15,000 favorable.
Cultural customs have no impact on international law
Indicate whether the statement is true or false
Which of the following statements about the income statement and income statement accounts is correct?
A. Income statement accounts are permanent accounts, while balance sheet accounts are temporary accounts. B. The income statement reports the financial position of a company at a point in time. C. Income statement accounts are temporary accounts, while balance sheet accounts are permanent accounts. D. The income statement reports the cash received and paid during the period.