Managerial accounting is most concerned with meeting the needs of external users
Indicate whether the statement is true or false
F
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Sales representatives who are paid mostly in commissions require more supervision than other salespeople
Indicate whether the statement is true or false
The insurance carrier used by Pinnacle Computer Systems specifies 65% coinsurance. The company recently incurred $420,000 in damages from flooding. The building was valued at $625,000, but was only insured for $320,000. What amount will be paid by the insurance company for the loss? (Round your answer to the nearest cent)
A. $626,000.00 B. $411,240.59 C. $330,830.77 D. $292,400.00
Gold Class Electricals, a consumer-electronics firm, targets market segments based on factors such as country, age, social class, usage rate, and benefits sought. The company divides its markets based on ________
A) demographic variables B) geographic regions C) multiple segmentation bases D) behavioral variables E) psychographic segmentation bases
The ____ represents the amount of each additional sales dollar that contributes towards the payment of fixed costs and, ultimately, increasing net operating profit
A) contribution margin ratio B) contribution margin per unit C) break-even point D) variable cost per unit