Direct materials costs are usually excluded from the costs that are allocated to activity cost pools in an activity-based costing system.

Answer the following statement true (T) or false (F)


True

Business

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?Which of the following statements is true?

A. ?The ATM model of money is a general-equilibrium model. B. ?The opportunity cost of holding money in the ATM model increases when the nominal interest rate declines. C. In a general-equilibrium model, most of the key macroeconomic variables are exogenous. D. ??Normally, results from a general equilibrium model can be applied to a wider range of problems than the results from a partial-equilibrium model.

Business

Government-wide financial statements help users do all but which of the following?

a. Relate cash receipts and disbursements to the acquisition of long-lived assets. b. Assess the finances of the government in its entirety, including the year's operating results. c. Determine whether the government's overall financial position improved or deteriorated. d. Evaluate whether the government's current-year revenues were sufficient to pay for current-year services. e. Make better comparisons between governments.

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Cash inflows and outflows are not netted in the investing activities section of the statement of cash flows but are separately disclosed to give the reader full information

Indicate whether the statement is true or false

Business

A rail company choosing to modify its pricing for tickets as the departure day/time gets closer is utilizing which type of capacity management technique?

a. Overbooking b. Capacity utilization c. Differential pricing d. Discounting

Business