MRP II ties MRP to the company's financial system
Indicate whether the statement is true or false
TRUE
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In 2012, the average donation to the Help Way was $225 with a standard deviation of $45. In 2013, the average donation was $400 with a standard deviation of $60. In which year did the donations show a more dispersed distribution?
What will be an ideal response?
Why do many firms no longer use a general journal? What has taken its place?
In a proposal to increase the production of clock radios, the sales managers of Rinaldo Electronics reported the total additional cost required to meet the increased production level. The increase in total cost is known as the
a. opportunity cost. b. out-of-pocket cost. c. controllable cost. d. incremental cost.
The primary measurement basis currently used to value assets in external financial statements of an enterprise is the
a. current market price if the assets currently held by an enterprise were sold on the open market. b. current market price if the assets held by an enterprise were purchased on the open market. c. present value of the cash flows the assets are expected to generate over their remaining useful lives. d. market price of the assets held by an enterprise at the date the assets were acquired (although some assets may be valued at their current selling price or net realizable value).