Standard costs should always be revised when they differ from actual costs

Indicate whether the statement is true or false


False

Business

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An EMS plan is a document that describes--in enough detail for any employee to understand the processes and act on them--a company’s environmental policy development, planning, monitoring, implementation, and how management reviews them.

What will be an ideal response?

Business

Convenience Store Chain Emails Good News You are the vice president of operations for a large convenience store chain that is located throughout approximately half of the United States. The chain has undergone some tough financial times, but sales from

the first quarter have exceeded expectations. The company had planned to sell $600 million in merchandise during the quarter and instead sold $650 million. The Western Region was largely responsible for the increase in overall company sales. George Winter, the director of the Western Region, ran a sales promotion contest that boosted his sales results by 20 percent. The contest, called "Just Ask!" required all participants to conduct suggestive selling of merchandise infrequently purchased by customers, such as milk, juice, and bread. The winning district in the contest received $1,000 in prize money, to be split among employees in that store. Required: Write an email message to all employees that conveys the good news and congratulates George Winter.

Business

If one is considered to be a public figure, then actual malice must be proven in a defamation case

Indicate whether the statement is true or false

Business

Which of the following statements are true about inventory accuracy?

I. Inventory accuracy is essential for planning. II. It is important to find the cause of record error. III. Periodic audits of inventory will find the cause of record error. A) I, II and III B) I and II only C) I and III only D) II and III only E) none of the above

Business