The selling division is forced to transfer a product internally when a cost-based transfer pricing policy is set by top management
Indicate whether the statement is true or false
False
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Which of the following statements regarding contingencies is true?
a. Contingencies that are probable and estimable must be recorded before the outcome of future events. b. Contingent assets, if probable and estimable, are treated in much the same way as contingent liabilities. c. The accounting principle that determines whether a contingent asset is recorded is that of materiality. d. Contingencies that are not estimable should not be disclosed even if probable.
Which of the following represents procurement as part of the support value activities in a value chain analysis?
A. Promotes, prices, and sells products to customers. B. Distributes goods and services to customers. C. Purchases inputs such as raw materials, resources, equipment, and supplies. D. Applies MIS to processes to add value.
Whether to use a direct or an indirect strategy in delivering bad news to employees depends primarily on the anticipated reaction of the receiver
Indicate whether the statement is true or false
Manufacturers trying to implement a just-in-time delivery system need to start with
A. distribution center design. B. shipping schedules. C. knowledge of customer demand. D. intensive distribution. E. routing software.