______ impression managers meet group wants and needs, not just the needs of the leaders.
A. Idea
B. Prototyped
C. Ethical
D. Loyal
C. Ethical
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Which profitability ratio requires the use of earnings per share in its calculation?
a. Price/earnings ratio b. Return on common stockholders' equity c. Dividend yield ratio d. Profit margin
A change in a reporting entity is accounted for by a prospective adjustment so that all financial statements are presented for the same entity
Indicate whether the statement is true or false
) Under the first-in, first-out (FIFO) method, the current period equivalent units of production for transferred in units in beginning inventory are zero because ________.
A) these units are transferred back to the previous department for further processing in the current period B) these units are expected to be sold by the receiving department without subjecting them to further processing C) no additional costs for these units were incurred in the current period D) costs involved in inter-departmental transfers are accounted for only once when sales are made to customers
A direct cost is a cost that is:
A. Traceable to multiple cost objects. B. Identifiable as controllable. C. Traceable to the company as a whole. D. Traceable to a single cost object. E. Does not change with the volume of activity.