Service businesses cannot measure the quality of their work
Indicate whether the statement is true or false
False
You might also like to view...
Answer the following statements true (T) or false (F)
The going-concern postulate states that unless there is evidence to the contrary, it is assumed that the firm will continue indefinitely.
The transfer price that must be less than the market price but greater than the supplying division's variable costs per unit is called
A) the cost price approach B) the negotiated cost approach C) the standard cost approach D) the market price approach
Which of the following statements regarding the profitability index is true?
A) A profitability index greater than 1.0 means that the investment will take longer than one year to pay for itself. B) A profitability index greater than 1.0 means that the investment should not be made. C) When comparing projects, the one with the highest profitability index will have a longer payback period. D) When comparing projects, the one with the highest profitability index is preferred.
Jill just borrowed $6,000 and will be charged a simple interest rate of 12 percent. Jill will pay ________ interest for borrowing the money on September 1 and repaying the money on December 31
A) $240 B) $420 C) $720 D) $1,200