The statement of cash flows reports a firm's major sources of cash receipts and major uses of cash for a period oftime
a. True
b. False
Indicate whether the statement is true or false
True
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Marketing channel members are likely to experience misunderstandings, frustration, and poorly coordinated strategies as a result of
A. channel conflict caused by inefficient communication between channel members. B. open communication among the channel members. C. methods of channel coordination designed to reduce ambiguity. D. negotiating territorial issues among regional distributors of a product. E. allowing one member of the channel to take the role of channel captain.
Waldren Corporation applies fixed manufacturing overhead to production on the basis of machine hours worked. The following data relate to the month just ended: Actual fixed overhead incurred: $1,245,000Budgeted fixed overhead: $1,200,000Anticipated machine hours: 240,000Standard machine hours per finished unit: 8Actual finished units completed: 31,250Required: A. Compute Waldren's standard fixed-overhead rate per machine hour.B. Determine Waldren's fixed-overhead budget variance and fixed-overhead volume variance.C. Calculate the amount of fixed overhead applied to production.D. Consider the two events that follow and determine whether the event will affect the fixed-overhead budget variance, the fixed-overhead volume variance, both variances, or neither variance. Assume that Waldren
has not yet revised its standards to reflect these events if a revision is warranted.1. A raw material shortage halted production for two days.2. An additional assembly-line supervisor was hired at the beginning of the month. What will be an ideal response?
A certification of incorporation from the government:
a. gives a business monopoly privileges b. is necessary for a corporation to be recognized legally c. must be obtained by all limited partnerships d. is necessary or a corporation to be recognized legally and must be obtained by all limited partnerships e. none of the other choices
In new product development process, the product development stage typically involves:
A. creating a marketing plan for the final product. B. introducing product prototypes to test markets. C. commercializing the new product. D. testing the feasibility of product ideas.