A physical address is an address that is specific, unique, and assigned to several NICs
Indicate whether the statement is true or false
FALSE
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budgeting process where individuals who are impacted by a budget are directly involved in its development is called ________.
A) flexible budgeting B) benefit budgeting C) participative budgeting D) cooperative budgeting
Paper Company receives a $6,000, 3-month, 6% promissory note from Dame Company in settlement of an open accounts receivable. What entry will Paper Company make upon receiving the note?
A) Notes Receivable 6,000Accounts Receivable-Dame Company 6,000 B) Notes Receivable 6,090Accounts Receivable-Dame Company 6,090 C) Notes Receivable 6,090Accounts Receivable-Dame Company 6,000Interest Revenue 90 D) Notes Receivable 6,000Interest Revenue 90Accounts Receivable-Dame Company 6,000Interest Receivable 90
The ________ culture is characterized by a strong emphasis on equality in the workplace and orientation to the task.
A. Eiffel Tower B. family C. guided missile D. incubator
If a company produces more than one product, which of the following statements is true?
a. The break-even point is computed by dividing the WACM into the total contribution margin. b. The break-even point is computed by dividing the WACM into the total variable costs. c. The break-even point is computed by dividing the WACM into the total sales revenue. d. The break-even point is computed by dividing the weighted average contribution margin (WACM)into the total fixed costs.