Investments by stockholders are recorded in the Common Stock account, not in the Retained Earnings account
Indicate whether the statement is true or false
T
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Michael Dell of Dell Computer explained:"We tell our suppliers exactly what our daily production requirements are so it is not, "Well, every two weeks deliver 5,000 to this warehouse, and we'll put them on the shelf, and then we'll take them off the shelf." It is, "Tomorrow morning we need 8,562, and deliver them to door number seven by 7 am."How does the supply chain management software allow this to happen? And how does it save Dell money?
What will be an ideal response?
Within a salesperson's prospect pool, which group is the most important prospect for future sales?
A. Orphans B. Customers C. Centers of influence D. Referrals E. Leads
It is acceptable to send a message of appreciation that includes strong, somewhat exaggerated language when the sender believes the statements to be true
Indicate whether the statement is true or false
The static budget, at the beginning of the month, for Steak Frites Company follows
Static budget: Sales volume: 1,100 units; Sales price: $70.00 per unit Variable costs: $33.00 per unit; Fixed costs: $39,800 per month Operating income: $900 Actual results, at the end of the month, follows: Actual results: Sales volume: 995 units; Sales price: $74.00 per unit Variable costs: $35.00 per unit; Fixed costs: $35,000 per month Operating income: $3,805 Calculate the sales volume variance for revenue. A) $4,800 U B) $7,350 U C) $3,885 U D) $3,980 F