Which of the following statements is true?
A) The overhead budget is typically composed of variable overhead and fixed overhead.
B) The direct labor budget uses an average wage rate for direct labor.
C) The production budget is not converted into dollars.
D) The sales budget includes both units and dollars.
E) All of these.
E
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Which of the following is a useful plan during the market maturity stage of the product life cycle?
A. Phase out products for more market penetration. B. Eliminate points of differentiation to increase market share. C. Disregard all forms of competitor behavior. D. Disregard changes in customer behavior. E. Slash product prices to maintain market share.
Payback is frequently used to analyze independent projects because:
A) it considers the time value of money. B) all relevant cash flows are included in the analysis. C) it is easy and quick to calculate. D) it is the most desirable of all the available analytical methods from a financial perspective. E) it produces better decisions than those made using either NPV or IRR.
A formalist is most likely to conclude that a business's secret monitoring of employees is ethical if the monitoring reveals a significant number of crimes or malfeasance, providing a net good for the business.
Answer the following statement true (T) or false (F)
Which term is used to describe the ease with which people perform transactions and/or find information?
A. Usability B. Conversion rates C. Financial D. Customer satisfaction