Which of the following is not true regarding predetermined overhead rates?
A) They are useful in estimating product costs before actual overhead amounts are known with certainty.
B) They can normalize seasonal and random fluctuations in overhead costs so that product costs will be consistent throughout the year.
C) With their use, it is no longer necessary to be able to identify a cost driver.
D) With their use, too much or too little overhead may end up being allocated to a product or job.
C
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Which of the following is an example of internal change?
A) change in customer preferences B) a new regulation C) price change of raw materials D) automation decision
During the process known as ______, group members work together to generate as many ideas or solutions to problems as possible.
a. spitballing b. collaborating c. brainstorming d. mind mapping
__________________ culture focus on supporting employees’ strengths, increasing morale, and providing rewards for good work.
What will be an ideal response?
An accommodation is a shipment that is offered to the buyer when the goods under the contract
are unique or rare. Indicate whether the statement is true or false