A key component of Activity Based Costing is:
a. identifying the activities in a manufacturing environment.
b. determining an appropriate cost driver for each activity.
c. calculating separate activity rates for each activity.
d. assigning costs to activities.
e. All of the answers are important steps in ABC.
e
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Stabilizing speculation reinforces market forces by intensifying an appreciation or a depreciation in a currency's exchange value.
a. True b. False
Which of the following best explains why Selman & Saks chose exporting as its entry method to the French market?
A) Exporting offers the highest potential for profit. B) Exporting offers a lower risk level for the company. C) Indirect exporting is more expensive than direct exporting. D) Exporting offers the most savings through scale economies. E) Exporting offers greater access to less expensive labor and materials.
An investment of $2,000 provides an average net cash flows of $480 with zero salvage value. Depreciation is $40 per year. The accounting rate of return using the original investment is
A) 40% B) 20% C) 22% D) 44% E) 24%
A business that is owned by and operated for the benefit of patrons using its services is called a ________.
A. cooperative B. joint venture C. proprietorship D. fractional ownership