If an offeror does not expressly authorize a certain mode of acceptance, then acceptance may be made by any reasonable means.
Answer the following statement true (T) or false (F)
True
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The budget should use historical data:
a. Only as a stepping-off point for aiding projections into the future. b. Because things don't really change. c. And add a 5% growth factor for each year. d. Because management is satisfied with historical results.
Social programs in the company generate good will from employees and may result in fewer ______.
a. communication problems b. labor problems c. employee complaints d. performance problems
The following data are available for a company's manufacturing activities: Beginning Work in Process inventory5,000units75% completed as to conversionUnits started and completed15,000 Ending Work in Process inventory6,000units50% completed as to conversionIf materials are added when the production process begins and conversion costs are applied uniformly throughout the process, what are the equivalent units for direct materials and for conversion, respectively using the FIFO method of process costing?
A. 19,250 materials; 18,750 conversion. B. 21,000 materials; 22,250 conversion. C. 16,250 materials; 19,250 conversion. D. 16,250 materials; 21,750 conversion. E. 21,000 materials; 19,250 conversion.
Teamwork results in a systematic approach to problem solving.
Answer the following statement true (T) or false (F)