In your tables of contents, you should make division titles ________________
a. as short as possible
b. as specific as possible
c. alphabetical
d. boldface
b
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Investments in equity securities include all of the following except
A) common stocks. B) preferred stocks. C) convertible debt. D) put and call stock options.
Allowance for Bad Debts is a(n)
a. contra-sales account; b. liability account; c. asset; d. contra-asset; e. contra-liability.
The following data relate to direct labor costs for February: Actual costs 7,700 hours at $14 Standard costs 7,000 hours at $15 What is the direct labor time variance?
A) $7,700 favorable B) $7,700 unfavorable C) $10,500 unfavorable D) $10,500 favorable
Which of the following is false about strategic sourcing?
a. It is a systematic process. b. It focuses on the long term. c. It aligns the firm’s purchasing strategies with its overall strategy. d. It deals with day-to-day procurement of goods and services.