When testing the difference between the percentages of two groups, XL Data Analyst requires users to enter both the grouping variable and the target variable
Indicate whether the statement is true or false
TRUE
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For a minority active investment, the investor company should disclose its accounting policies with respect to the equity method of investments
Indicate whether the statement is true or false
Clyde Retailers is a local merchandiser which buys vintage clothing and sells it to local college students. Clyde began the year with inventory costing $60,000. During the year inventory costing $300,000 was purchased. At the end of the year, inventory costing $45,000 still remained. What was Clyde's cost of goods sold for the year?
A) $255,000 B) $285,000 C) $300,000 D) $315,000
Alpine Productions uses a standard cost system for recording transactions
Alpine reported the following data for the year ended December 31: Sales revenues: $800,000 Cost of goods sold (standard costing): $382,000 Selling & admin expenses: $105,000 Variances: Sales revenue variance $4,100 F Direct materials cost variance 30 U Direct materials efficiency variance 300 F Direct labor cost variance 65 U Direct labor efficiency variance 10 F Variable overhead cost variance 300 U Variable overhead efficiency variance 80 F Fixed overhead cost variance 430 U Fixed overhead volume variance 100 F What is the standard net operating income? A) $312,665 B) $316,765 C) $421,765 D) $313,000
Research shows that one referral is as valuable as
A. 6 filled out information request forms. B. 12 filled out information request forms. C. 100 cold calls. D. 12 cold calls. E. 6 cold calls.