Outsourcing can include having a firm develop and run another firm's application on its computers
Indicate whether the statement is true or false
TRUE
Explanation: There are many applications today which are done as software as a service, where another organization runs an application on their own servers for a fee.
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ToyBox is a toy manufacturer based in the United Kingdom. Which of the following indicates that the company is following a market penetration strategy?
A) It introduces a line of children's clothing in the United Kingdom. B) It acquires toy rights for a popular cartoon character to boost its sales. C) It introduces its toys in the Indian and South-East Asian markets. D) It enters the U.S. market with a line of children's clothing. E) It develops a new line of educational software targeted at the current market.
Boursaw Corporation has provided the following data concerning last month's operations. Purchases of raw materials$33,000Indirect materials included in manufacturing overhead$4,000Direct labor cost$58,000Manufacturing overhead applied to Work in Process$78,000Underapplied overhead$5,000 BeginningEndingRaw materials inventory$10,000$15,000Work in process inventory$56,000$72,000Finished goods inventory$41,000$49,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods Manufactured?
A. $216,000 B. $164,000 C. $144,000 D. $160,000
Work in Process Inventory is an account that contains the cost of products that have been completed and are ready for sale
Indicate whether the statement is true or false
Which of the following is not one of the perspectives used to analyze performance using the balanced scorecard?
A. Innovation and learning B. Internal process C. Customer D. Number of employees E. Financial/owners