OLAP includes decision support, modeling, information retrieval, and what-if analysis
Indicate whether the statement is true or false
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The competitive frame of reference defines which other brands a brand competes with
Indicate whether the statement is true or false
Given the following cost data, what type of cost is shown? Total Cost # of units $500 1 $1,000 2 $1,500 3 $2,000 4
A) mixed cost B) variable cost C) fixed cost D) none of the above
Which of the following statements about budgeting is false?
a. Employee participation is promoted when all employees help prepare the budget. b. Management planning ,controlling, and problem-solving is enhanced when employees help prepare the budget. c. When departments participate in the budgeting process, budgets are better coordinated. d. Sales personnel do not need to participate in the budgeting process.
A company provided the following direct materials cost information. Compute the total direct materials cost variance. Standard costs assigned: Direct materials standard cost (405,000 units @ $2/unit)$810,000 Actual costs: Direct Materials costs incurred (403,750 units @ $2.20/unit)$888,250
A. $80,750 Unfavorable. B. $80,750 Favorable. C. $78,250 Unfavorable. D. $78,250 Favorable. E. $2,500 Favorable.