All weak entities must have a minimum cardinality of 1 on the entity on which it depends
Indicate whether the statement is true or false
TRUE
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The assignment of numbers or other symbols to characteristics of objects according to certain prespecified rules is called measurement
Indicate whether the statement is true or false
Diversity applies to differences in
a. race. b. religion. c. culture. d. All of the above.
Which of the following statements regarding plantwide overhead rates is true?
A) Plantwide overhead rates based on the direct labor hours or machine time works well for all company. B) Plantwide overhead rates must use machine hours as their cost driver. C) As the number of diverse products a company makes increases, the likelihood that a company will replace a plantwide overhead rate with a departmental overhead rate increases. D) Plantwide overhead rates are usually more costly to prepare than a departmental overhead rate.
Profit margin is calculated by dividing net sales by net income.
Answer the following statement true (T) or false (F)