Variable costing is
A) a good way to value inventories for the balance sheet.
B) used for external reporting purposes.
C) not useful for companies with multiple segments.
D) a useful tool for management decision making.
E) can only be used by start-up companies.
D
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Cindy earned a 10 percent increase in her salary and received the entire increase at the beginning of the year, with the stipulation that she would not leave the company in that year. Five months later, she quit her job and went to work for a competitor. She had to return the 10 percent payment she had received because she had violated a rule for
A. lump-sum salary increase. B. profit-sharing. C. commission. D. employee benefit. E. wage compensation.
The New Watch Times is considering a new printing press to increase its productive capacity. If the cost of the press is $500,000 and the relevant cash flows from the project are $75,000 per year over the next ten years, what is the payback period?
A) 6.00 years B) 6.50 years C) 7.00 years D) 6.67 years E) 7.50 years
Discuss the advantages and disadvantages of a tax-free reorganization as compared with a taxable transaction.
What will be an ideal response?
Who organized to create the first union in the United States? When, where, and why?
What will be an ideal response?