When a manufacturing company uses a standard cost system, the direct materials cost variance is recorded at the time direct materials are issued in production
Indicate whether the statement is true or false
FALSE
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Indicate whether each of the following statements about financial statement analysis is true or false.Meaningful comparisons between two companies generally should be made using percentage analysis or ratio analysis, not absolute amounts. ______The materiality of accounting information refers to whether it is viewed as favorable (good news) or unfavorable (bad news). ______Companies must account for immaterial items in compliance with generally accepted accounting principles. ______To judge the materiality of an absolute financial statement amount, one must consider the size of the company reporting it. ______Comparing percentages derived from financial statement analysis has the drawback of varying materiality levels. ______
What will be an ideal response?
Negative attitudes and emotions that can lower job satisfaction are called
a. Intellectual element of stress b. Psychological element of stress c. Physiological element of stress d. Job burnout element of stress
You purchased 5,000 shares of a mutual fund at an offer price of $7.99 per share. Several months later you sold the shares for $6.22 per share. During the time you owned the shares, the fund paid a dividend of $0.40 per share. What was your return on investment? (Round to nearest tenth of a percent)
Discuss earnings per share and how they are used
What will be an ideal response?