The most accurate means of assigning costs to products is direct tracing

Indicate whether the statement is true or false


true

Business

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Century Clothes is a retailer with outlets in more than 30 cities in the United States. After a recent expansion of an additional 25 outlets, Century Clothes looked to expand its IT infrastructure to make it easier for workers to apply for jobs and for employees to submit their time sheets. The IT department decided against increasing the capacity of the company's servers. Instead, the team used a third-party hosting service for running these applications. The employees at the megastores are allowed access to this information through a web interface. In this scenario, Century Clothes is employing

A. decision support systems. B. relational database management. C. cloud computing. D. expert systems. E. an HR dashboard.

Business

GAAP for pension plans requires companies with defined benefit pension plans to

A) recognize pension expense based on accrual-basis concepts. B) recognize pension expense as an amount equal to the actual cash paid to retired employees for the current year. C) recognize a pension liability based on the projected benefit obligation concept. D) disclose annual pension cost in a footnote only; pension cost was not required to be reported on the income statement.

Business

If an analyst wants to value a potential investment in the common stock equity of a firm, the analyst should discount the projected free cash flows at the

a. required return on equity capital b. weighted average cost of capital c. risk free rate d. market risk premium

Business

Answer the following statements true (T) or false (F)

1. A micro climate is defined as the general atmosphere of a workplace. 2. To enhance the listening climate, a listener should set aside whatever he/she is doing. 3. Strategic managerial listening requires listening to the spoken words and attention to the nonverbal elements and the total environment. 4. Managers should discourage their subordinates from listening to the grapevine because the information is usually false.

Business