A favorable flexible budget variance in sales revenue suggests a(n) ________.
A) increase in sales price per unit
B) increase in volume
C) decrease in variable cost per unit
D) decrease in fixed costs
A) increase in sales price per unit
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When speaking in public, you should use this type of language
A) informal B) formal C) impromptu D) manuscript
Use the equation presented below to answer the question that follows: Cash = CL + LTL + CS + RE – NCCA – LTA where: CL = Current liabilities LTL = Long-term liabilities CS = Common stock RE = Retained earnings NCCA = Noncash current assets LTA = Long-term assets Which of the following activities results in a cash outflow?
a. Decreases in noncash current assets (NCCA) b. Decreases in long-term assets (LTA) c. Increases in long-term liabilities (LTL) d. Decreases in retained earnings (RE)
The write-off of the cost of intangible assets is called
a. depletion; b. depreciation; c. amortization; d. deterioration; e. physical depreciation.
_______ is a characteristic that measures how well products or services meet customer requirements.
Fill in the blank(s) with the appropriate word(s).